Lohn Corporation is expected to pay the following dividends over the next four years: $$10,$ $$9,$ $$7,$ and $$3.$ Afterward, the company pledges to maintain a constant $7$ percent growth rate in dividends forever.

If the required return on the stock is $16$ percent, what is the current share price?

Multiple Choice

$$48\mathrm{.}43$

$$41\mathrm{.}15$

$$42\mathrm{.}38$

$$39\mathrm{.}99$