A firm is expecting a: $11 dividend to be paid to shareholders in one year (t=1); $14 dividend the year after (t=2); $20 dividend the year after (t=3); and from then on the 3% pa inflation rate which is expected to be the growth rate of the dividend which will be paid annually forever; 8% pa required return on equity; All returns and cash flows are given as nominal figures. Estimate the current stock price. The stocks current price is estimated to be: Select one: a. $339.720825 b. $365.123457 c. $392.558299 d. $422.187929 e. $425