QUESTION $3$ Jerome owns one share of stock of Abuela Pastries and one share of stock of Basura Baking. The total value of his holdings is $$902\mathrm{.}50.$ Both stocks pay annual dividends that are expected to continue forever. The expected return on Abuela Pastries stock is $16\mathrm{.}40$ percent and its annual dividend is expected to remain at $$22\mathrm{.}10$ forever. What is the next dividend paid by Basura Baking expected to be if the stock has an annual return of $9\mathrm{.}80$ percent and dividends are expected to grow by $3\mathrm{.}60$ percent annually?

The next dividend for both firms' stocks will be paid in one year.

$$86\mathrm{.}65($plus or minus $5$ cents$)$

$$49\mathrm{.}31($plus or minus $5$ cents$)$

$$47\mathrm{.}60($plus or minus $5$ cents$)$

$$45\mathrm{.}95($plus or minus $5$ cents$)$

the answer cannot be obtained based on the given information