Orwell building supplies' last dividend was $1.75. Its dividend growth rate is expected to be constant at 25.00% for 2 years, after which dividends are expected to grow at a rate of 6% forever. Its required return (r_s) is 12%. What is the best estimate of the current stock price?

Select the correct answer.

a. $42.64

b. $41.40

c. $42.02

d. $40.78

e. $43.26