Limerick currently pays a dividend of $1.50 per share. Which comes closest to Limericks price per share if we assume that their dividend grows by 8% for two consecutive years, and then grows by 5% each year (starting in year 3) thereafter forever? Use a required rate of return of 10%.

	a.	$ 27.98
	b.	$ 33.28
	c.	$ 41.23
	d.	$ 24.19
	e.	$ 54.49