Lowel Corp just paid $3 dividend per share. It is expected to increase its annual dividend by 40% every year for the next four years. After four years, the dividend is expected to grow at a constant rate of 6%. The required rate of return for Lowel Corp's stock is 10%. What should Lowel Corp's stock price be today?

$224.84

$231.33

$298.24

$217.26

$314.77