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I have just received my annual dividend on a particular equity: $5 per share. In the future I expect dividend growth of 3.2% per annum

I have just received my annual dividend on a particular equity: $5 per share. In the future I expect dividend growth of 3.2% per annum in the coming year and every year thereafter. My RRR for this stock is 8.6%. How much should I be willing to pay per share? a. 95.6 b. 113.6 c. 92.6 d. 78.1 e. 58.1

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