Firm A just paid a dividend of $1.167 per share. The current stock price is $36.5 per share, and its required rate of return is 10.5%. The dividend grows at some constant rate, g, forever. What is the equilibrium expected growth rate g?

a)8.28%

b)6.84%

c)10.50%

d) 13.92%

e)7.08%