Erna Company is expected to pay a dividend of $$2\mathrm{.}53$ one year from today and $$2\mathrm{.}68$ two years from today. The company's sales in two years are expected to be $$15,750,000.$ The company has a PS ratio of $1\mathrm{.}71$ times, and $524,500$ shares outstanding. If the required return on the company's stock is $11$ percent, what is the current stock price?

Multiple Choice

$$47\mathrm{.}98$

$$41\mathrm{.}68$

$$4\mathrm{.}45$

$$46\mathrm{.}13$

$$6\mathrm{.}00$