The Common Stock of Up-Towne Movers Is Selling for $33

The common stock of Up-Towne Movers is selling for $33 a share and has a 10 percent rate of return.The growth rate of the dividends is 2 percent annually.What is the amount of the next annual dividend?

A) $2.58
B) $2.61
C) $2.64
D) $2.67
E) $2.70