Landsdowne Portraits just paid an annual dividend of $$10\mathrm{.}50$ per share. Future dividends are expected to increase by $2\mathrm{.}75$ percent annually. What is one share of this stock worth at a required rate of return of $15\mathrm{.}65$ percent?

A$.$

$$83\mathrm{.}63$

B$.$

$$67\mathrm{.}09$

C$.$

$$81\mathrm{.}40$

D$.$

$$79\mathrm{.}04$

E$.$

$$96\mathrm{.}96$