Kinston Industries (KI) presently pays no dividend. You anticipate KI will pay an annual dividend of $2 per share three years from today and you expect dividends to grow by 5% per year thereafter. KIs weighted average cost of capital is 10% and the equity cost of capital is 15%. Using the dividend discount model, the value of a share of KI today is closest to:

A) $13.2

B) $15.1

C) $30.1

D) $33.1