A share of stock just recently released a dividend for $3.48 per share, and has expected growth rate of 1.20% in the next year, 1.60% in the second year, 1.80% in the third year and 3.40% in the fourth year. Finally the firm expects the growth to become 1.90% long-term thereafter. Given that the expected discount rate on these bonds is 14.40%, what is the expected price of this stock? a. $28.37 b. $27.21 c. $28.18 d. $26.68