Suppose Pale Hose, Inc

Suppose Pale Hose, Inc. has just paid a dividend of $1.40 per share. Sales and profits for Pale Hose are expected to grow at a rate of 5% per year. Its dividend is expected to grow by the same amount.
If the required return is 10%, what is the value of a share of Pale Hose?

A) $14.00
B) $15.25
C) $25.80
D) $28.00
E) $29.40