sponge bob inc. is expected to pay the following dividends over the next four years: $5, $12, $18, and $1.80. Afterward, the company pledges to maintain a constant 4 percent growth rate in dividends, forever. If the required return on the stock is 14 percent, what is the current share price?

A. $37.92

B. $41.06

C. $43.18

D. $46.09

E. $49.31