Burkes tires just paid a dividend of D0=$1.50. Analysts expect the company's dividend to grow by 20% this year, by 15% in year 2, grow by 10% in year 3 and at a constant rate of 7% in year 4 and thereafter. The required return on this low-risk stock is 12%. What is the best estimate of the stock's current market value?

A. 39.56

B. 41.27

C. 43.34

D. 45.89

E. 38.19