John is going to buy a share of Runchin's common stock. He will be selling it at the end of one year for $32.00. He expects to receive a $2.50 dividend. Runchin just paid a dividend of $2.25. If John requires a return of 12% from this stock, what is the highest price John would like to pay for it now? O A. $20.83 B. $28.57 C. $33.05 OD. $30.80