Lohn Corporation is expected to pay the following dividends over the next four years: $$13,$$$9,$$$7,$ and $$4.$ Afterward, the company pledges to maintain a constant $7$ percent growth rate in dividends forever.

If the required return on the stock is $17$ percent, what is the current share price?

Multiple Choice

$$44\mathrm{.}68$

$$45\mathrm{.}40$

$$48\mathrm{.}44$

$$53\mathrm{.}71$

$$47\mathrm{.}03$