Im not sure if the answer is right or not , but please show the work and no excel please.

14) Fris B. Corporation stock is currently selling for $42.86. It is expected to pay a dividend of $3.00 at the end of the year. Dividends are expected to grow at a constant rate of 3% indefinitely. Compute the required rate of return on FBC stock A) 10% B) 33% C) 790 D) 4.3%