Synovec Company is growing quickly. Dividends are expected to grow at a rate of 20 percent for the next 3 years, with the growth rate falling off to a constant 3 percent thereafter. If the required return is 7 percent and the company just paid a $2.70 dividend. what is the current share price?

a. 106.14

b. 101.89

c. 110.47

d. 104.49

e. 108.30