Bradley Broadcasting Expects to Pay Dividends of $1

Bradley Broadcasting expects to pay dividends of $1.10, $1.21, and $1.331 in one, two, and three years, respectively. After that, dividends are expected to grow at a constant rate of 4% forever. Stocks of similar risk yield 10%.

What is growth rate of the Bradley Broadcasting dividend during year 2?

A) 10%
B) 15%
C) 20%
D) 25%
E) 50%