For ZYX, Inc., the dividend paid last week was $1.28, the firm has committed to a dividend at the end of this (fiscal) year of $1.47, and their beta is 0.95, and the risk-free rate is 2%. You have estimated their cost of equity as 8%, and that the terminal growth rate is 3%. What is your estimate of the intrinsic value of this firm today?

a.30.68

b.none of these

c.30.28

d.29.40

e.27.22