What would be the arbitrage free price of a share of stock today if the market thought that it would pay a dividend at the end of the year of $5 per share and there was a 50% chance the share price at the end of the year would the $100 and a 50% chance the share price at the end of the year would be $50. The markets required rate of return given the risk of this security is 8% per year. (to the penny)

A. $74.44

B. $69.44

C. $80.00

D. $74.07

E. $75.00