The Connors Company's last dividend was $1.00. Its dividend growth rate is expected to be constant at 15% for 2 years, after which dividends are expected to grow at a rate of 10% forever. Connors' required rate of return (r_s) is 12%. What is Connors' current stock price?

a) $54.91

b) $56.82

c) $58.15

d) $60.07

e) $62.87