You anticipate that Liebendauer Enterprises (ticker: LBE) will have earnings per share of $3 this year. Furthermore, you expect that they will pay out $1.75 of these earnings to shareholders in the form of a dividend at the end of this year. You estimate that LBE's return on new investments is 13% and their equity cost of capital is 14%. Your expected growth rate for LBE's dividends will be closest to: A. 2.2% B. 5.4% C. 5.8% D. 3.2%