If 1) the expected return for Belmont Bagels stock is 8.87 percent; 2) the dividend is expected to be $0.00 in one year, $5.56 in two years, $4.67 in three years, $0.00 in four years, and $2.78 in five years; and 3) after the dividend is paid in five years, the dividend is expected to begin growing by 4.31 percent a year forever, then what is the current price of one share of the stock?

• An amount equal to or greater than $49.94 but less than $52.61
• An amount equal to or greater than $52.61 but less than $53.60
• An amount less than $49.94 or a rate greater than $64.61
• An amount equal to or greater than $57.32 but less than $64.61
• An amount equal to or greater than $53.60 but less than $57.32