We looked at the share valuation for Gellibrand Limited in tutorial. Gellibrand is a company that pays an annual dividend every year for the next nine years and then ceases paying a dividend altogether after the last dividend in year 9. The current intrinsic value for Gellibrand is $74.85 together with a required rate of return of 10% per year. What is the annual dividend per share payment?

A. $7.49 B. $8.32 C. $11.00 D. $12.50 E. $13.00