Lohn Corporation is expected to pay the following dividends over the next four years: $$14,$ $$11,$ $$8,$ and $$4.$ Afterward, the company pledges to maintain a constant $5$ percent growth rate in dividends forever:

If the required return on the stock is $14$ percent, what is the current share price?

Multiple Choice

$$56\mathrm{.}14$

$$53\mathrm{.}34$

$$57\mathrm{.}83$

$$6275$

$$54\mathrm{.}28$