The Common Stock of Up-Towne Movers Sells for $33 a Share

The common stock of Up-Towne Movers sells for $33 a share, has a rate of return of 11.4 percent, and a dividend growth rate of 2 percent annually. What was the amount of the last annual dividend paid?

A) $2.58
B) $2.61
C) $3.04
D) $3.32
E) $3.10