A stock is expected to pay a dividend of $$4\mathrm{.}50$ next year and dividends are expected to grow at $2\mathrm{.}5\%$ in the foreseeable future. If the required return on the stock is $12\mathrm{.}5\%,$ what is the current price of the stock?

$$45$

$$36$

$$30$

none of these

$$40$