Which of the Following Amounts Is Closest to What Should

Which of the following amounts is closest to what should be paid for Ryan common stock? Ryan has just paid a dividend of $1.75.These dividends are expected to grow at a rate of 5% in the foreseeable future.The risk of this company suggests that future cash flows should be discounted at a rate of 12%.

A) $18.75
B) $19.50
C) $22.50
D) $26.25
E) None of the above.