Stock C paid a dividend of $2.50 this morning. Between today and Year 4 , the dividends are expected to grow 14% per year. Starting from Year 5 , the dividend growth rate will be 2.5% per year indefinitely. If the cost of equity is 12.30%, what is the price of this stock now? \begin{tabular}{c} $37.72 \\ \hline$39.99 \\ \hline$39.10 \\ \hline$38.66 \\ \hline$38.15 \\ \hline \end{tabular}