The following information is available on historical RBC Company dividends paid on December 31 of each year:

Year	Dividend
2019	8.00$
2018	7.79$
2017	7.58$
2016	6.98$
2015	6.74$
2014	5.98$

At what price would you be willing to buy RBC shares today (December 31, 2020), knowing that TD Bank shares, which has the same level of risk and has always paid a fixed dividend of $ 4 per year, traded at $ 20 per share?

a) no response

b)20$

c)62.39$

d)20$

e)60.57$