Sorenson Corp.'s expected year-end dividend is D1 = $1.50, its required return is rs = 15.00%, its dividend yield is 6.00%, and its growth rate is expected to be constant in the future. What is Sorenson's expected stock price in 8 years, i.e., what is P8? Do not round intermediate calculations. a. $39.85 b. $27.25 c. $49.81 d. $45.70 e. $76.48