Synovec Company is growing quickly. Dividends are expected to grow at a rate of $21$ percent for the next $3$ years, with the growth rate falling off to a constant $7$ percent thereafter.

If the required return is $11$ percent and the company just paid a $$3\mathrm{.}10$ dividend. what is the current share price?$$116\mathrm{.}13$

$$114\mathrm{.}48$

$$107\mathrm{.}85$

$$120\mathrm{.}87$

$$118\mathrm{.}50$