Pizza Unlimited Is Expected to Pay a Dividend of $1

Pizza Unlimited is expected to pay a dividend of $1.50 at the end of this year, a $2.00 dividend at the end of year 2, and a $2.50 dividend at the end of year 3. It is estimated that its dividends will grow at a constant rate of 4 percent per year thereafter. The market value of Pizza Unlimited' s common shares, if the required rate of return is 10 percent, is closet to:

A) $32.56.
B) $37.45.
C) $43.33.