The Buy N Large Company paid a quarterly dividend of $0.43 per per share last quarter. Today, the company announced that future dividends will be increasing by 2.6 percent quarterly. If you require a 15 percent rate of return. How much are you willing to pay to purchase one share one share of this stock today?

a. 8.23

b. 6.88

c.3.72

d.3.55

e. 5.67