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21. The Upton Company's last dividend was $1.75. Its dividend growth rate is expected to be constant at 18.00% for 2 years, after which dividends

21. The Upton Company's last dividend was $1.75. Its dividend growth rate is expected to be constant at 18.00% for 2 years, after which dividends are expected to grow at a rate of 6.00% forever. Upton's required return is 12.00%. What is Upton's current stock price?

A. $37.15

B. $38.11

C. $39.06

D. $40.03

E. $41.03

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