Burke Tires just paid a dividend of $D_0=$$$1\mathrm{.}32.$ Analysts expect the company's dividend to grow by $30\%$ this year, by $10\%$ in Year $2.$ and at a constant rate of $5\%$ in Year $3$ and thereafter. The required return on this low$-$risk stock is $9\mathrm{.}00\%.$ What is the best estimate of the stock's current market value?

$$41\mathrm{.}59$

$$42\mathrm{.}65$

$$43\mathrm{.}75$

$$44\mathrm{.}87$

$$45\mathrm{.}99$

Last saved $5$:$17$:$35$ PM