The dividends of OPK Ltd are expected to grow at a rate of 3%, 6% and 9% p.a. during years 1 through 3 respectively. After that, the dividends are expected to grow at a long-run rate of 3% p.a. forever. The company's current dividend per share is $1.40 and the required rate of return on the shares is 8% p.a. Based on this information, the current price should be closest to: $32.61 O $31.21. $34.32. O $27.25