life cycle motorcycle company is expected to pay a dividend in year 1 of $2.00 and a dividend in year 2 of $3. after year 2, dividend are expected to grow at a rate of 4% per year. An appropriate required return for the stock is 10%. Using the DDM, the stock should be worth ____ today.

A) $52.27

B) $62.27

C) $77.27

D) $47.27