Suppose a firm called 3310 Final Exam, Inc. intends to follow a 100% dividend payout policy and expects to pay a dividend of $5 per share indefinitely. What is the most an investor should pay for a share of the firms common stock if the firms cost of equity (required return) is 12%?

A.

$4.40

B.

$41.67

C.

$31.15

D.

$5.00

E.

$4.46

Help with this one,please!