A company will pay its next dividend in the amount of $2.45 per share.

The company will increase its dividend 20% the year after that, and then will start to decrease its dividend growth rate by 5% per year until it reaches the peer average of 5% dividend growth rate, and after that, the company will keep this constant growth rate forever.

If the company's investors required rate of return is 11%, how much will be the share price today for the company?

$56.11

$54.21

$50.49

$52.39

$58.02