Arcturus, Inc. just paid a dividend of $$3\mathrm{.}20($i$.$e$.,D0=3\mathrm{.}20).$ Arcturus's dividends will grow at $25\%$ next year and then $30\%$ for the two years after that. After that, the dividend will grow at $4\%$ forever. Assuming a $11\%$ cost of equity, the current stock price should be $

$88\mathrm{.}90$

$90\mathrm{.}15$

$87\mathrm{.}39$

$85\mathrm{.}02$

$86\mathrm{.}20$