McGonigal's Meats, Inc

McGonigal's Meats, Inc. currently pays no dividends. The firm plans to begin paying dividends in three years. The first dividend will be $1 and dividends are expected to grow at 5% thereafter. Given a required return of 15%, what would you pay for the stock today?

A) $7.18
B) $7.56
C) $8.29
D) $10.00
E) $10.50