KB Adventures will pay an annual dividend of $$3\mathrm{.}15$ a share on their common stock next week. Last year,

the company paid a dividend of $$3\mathrm{.}00$ a share. The company adheres to a constant rate of growth

dividend policy. What will one share of this common stock be worth ten years from now if the applicable

discount rate is $12\mathrm{.}5\%?$

a$.$

$$65\mathrm{.}16$

b$.$

$$56\mathrm{.}78$

c$.$

$$71\mathrm{.}83$

d$.$

$$42\mathrm{.}00$

e$.$

$$68\mathrm{.}41$