Goodness Inc.$\text{'}$s stock currently sells for $$35\mathrm{.}25$ per share. The dividend is projected to

increase at a constant rate of $6\mathrm{.}25\%$ per year. The required rate of return on the stock,rs$,$ is

$11\mathrm{.}50\%.$ What is the stock's expected price

now?

A$.$ $$50\mathrm{.}71$

B$.$ $$40\mathrm{.}06$

C$.$ $$45\mathrm{.}53$

D$.$ $$47\mathrm{.}80$

E$.$ $$39\mathrm{.}15$