Flora's Fabulous Florals paid an annual dividend of $1.39 a share last month. Today, the company announced that future dividends will be increasing by 1.53 percent annually. If you require a return of 14.6 percent, how much are you willing to pay to purchase one share of this stock today? Choose the closest answer.

Group of answer choices $11.23 $10.82 $10.68 $9.68 $11.57