Two companies, A and B, are in the same risk class. Company A pays a constant dividend of $4 per year and is selling in the market for $35 per share. Company B just paid a dividend of $3.25 per share. If its dividends are growing at a constant rate of 8 percent per year, what is the market price of B?

102.37

33.18

35.00

94.79

57.21

64.78