You have been investing in an NBC stock for 15 years. At the end of the first year since your purchase you received a $100 dividend. Dividend grows by 2% every year and is expected to grow at this rate forever. You just received the 15th dividend and decided to sell the stock for $3,000. If the rate of return from this 15-year investment is 8%, what is the initial pricing interest rate (i.e. annual effective rate) for the stock when you purchased it 15 years ago? A. 7.25% B. 6.75% C. 5.25% D. 8% E. 9.5%