Jones Markets just paid an annual dividend of $1 per share. Today, the company announced that future dividends will be increasing by 3.5 percent every year, which will last forever. If you require a 11 percent rate of return, how much are you willing to pay to purchase one share of this stock today? a. 12.18 b. 9.41 c. 14.56 d. 13.33 e. 13.80