Bruin Inc. has recently announced a $9.1 EPS. Earnings are expected to grow at 5 percent per year forever. The company will not pay dividends on the stock over the next 6 years. However, it will pay 30% of its earnings as dividend starting in year 7. The payout ratio will remain at 30% forever. Earnings will continue to grow at the same 5% rate. If the required rate of return on this stock is 15 percent, what is the current share price according to the dividend growth model? Select one: a. 1.66 b. 1.44 c. 14.44 d. 16.61 e. 8.30