A share of Home Cleaners Inc. will pay a dividends over the next 3 years of: $8.95, $6.50, and $4.45, respectively. After the year 3 dividend of $4.45, the dividends will grow at a rate of 1.15% annually. If the market requires a return of 9.36%, then what is the current price of a share of Home Cleaners Inc. stock?

Group of answer choices

$62.86

$55.35

$58.94

$58.46