Your employer has set up a bonus compensation plan to reward its top employees. By virtue of your superlative performance this past year, you are eligible for your choice of the following investments:

A) $10,000 par value 8% annual coupon rate bond issued by Eeeny Corporation. The bond matures in 7 years and makes semi-annual coupon payments.

B) 100 shares of Meeny Companys preferred stock that pays an annual dividend of $9.

C) 150 shares of common stock from Miney-Mo Incorporated. Miney Mos most recent dividend was $1.25 per share and their expected annual rate of growth is 9%.

Assuming you have a required rate of return of 12%, which investment should you choose? Why?