The XYZ Company paid a dividend of Rs. 2 last week. The dividend for XYZ company is expected to be 100% greater next year. The growth rate for the following year is expected to be 50%. In the third year and thereafter, the dividend is expected to grow annually at a rate of 8%. If your requirement is a return of 12%, what is the maximum you would pay for the security?
A) Rs. 159.50
B) Rs. 142.70
C) Rs. 137.50
D) Rs. 140.50