What is the expected constant growth rate of dividends for a stock currently priced at $60, just paid a dividend of $3.15 and has a required return of 10.50%? The bold option is the answer, I need to know the steps to do this question

A) 3.84%

B) 5.25%

C) 3.33%

D) 9.98%

E) 4.99%