A share of stock pays a $10 dividend at the end of each of the first year (t=1) and second year (t=2). After year 2 (t=2), the dividend grows at a constant rate of 15% forever (in perpetuity). The required rate of return for investing in the stock is 25% per year. What is a fair price for the share of stock? (Hint: Consider the 1-year time-delay, necessitating an extra year of discounting, for the perpetuity

A) $72

B) $80

C) $88

D) $100