Winter Time Adventures is going to pay an annual dividend of $3.14 a share on its common stock next week. This year, the company paid a dividend of $3.00 a share. The company adheres to a constant rate of growth dividend policy. What will one share of this common stock be worth 11 years from now if the applicable discount rate is 9.0 percent?

$114.34

$142.77

$129.44

$110.64

$119.67