Jimenez Enterprises recently paid a dividend of $1.95. It currently expects to have a growth rate in the dividend of 8% for the next two years followed by a growth rate of 4% in each year thereafter. If the firm's required return is 7%, what is the stock's intrinsic value today?

A. 49.77

B. $57.55

C. $64.41

d. $72.82

E. $92.45