The Edward Company is expected to pay a dividend of $D_1=$$$2\mathrm{.}00$ per share at the end of the year, and that dividend is

expected to grow at a constant rate of $5\mathrm{.}00\%$ per year in the future. The company's beta is $1\mathrm{.}15,$ the market risk premium

is $5\mathrm{.}50\%,$ and the risk$-$free rate is $4\mathrm{.}00\%.$ What is the company's current stock price?

a$.$ $$32\mathrm{.}56$

b$.S30\mathrm{.}93$

c$.$ $$31\mathrm{.}62$

d$.$ $$37\mathrm{.}56$

e$.$ $$31\mathrm{.}90$