A stock just paid a dividend of D$0=$ $$1\mathrm{.}75.$ The required rate of return is rs $=9\mathrm{.}9\%,$ and the constant growth rate is g $=4\mathrm{.}0\%.$ What is the current stock price?

a$.$ $$32\mathrm{.}60$

b$.$ $$30\mathrm{.}85$

c$.$ $$29\mathrm{.}66$

d$.$ $$18\mathrm{.}38$

e$.$ $$13\mathrm{.}09$