Blue Ocean Shipping just paid a dividend of $$2\mathrm{.}50.$ It is expected that the dividend will grow by $3\%$ annually. If investors require a $15\%$ return on investments in similar companies, what is the estimated market value of Blue Ocean Shipping's stock using the dividend growth model?

$$21\mathrm{.}46$

$$22\mathrm{.}50$

$$20\mathrm{.}00$

$$18\mathrm{.}75$