(One period stock pricing.) Nick's Marine Company (NMC) currently has a stock price per share of $47. If NMC's cost of equity capital (the discount rate for equity) is 13.5% and capital gains rate (gain/loss in prices relative to today's price) for the next year is expected to be 11.1%, the dividend in the upcoming year (t = 1) should be?

A) $4.17

B) $1.13

C) $6.34

D) $5.22