Metro Foods Limited has just paid a dividend of $2.50. Dividend one year from today is expected to be $3.00, which is then expected to grow at 5% into the indefinite future. Given a required rate of return of 10% per year, what is the intrinsic value for a share of stock in Metro Foods Limited today? Round your answer to two decimal places. A. $25.00 B. $30.00 C. $50.00 D. $52.50 E. $60.00