The Isberg Company just paid a dividend of $$1\mathrm{.}85$ per share, and that dividend is expected to grow at a constant rate of $5\mathrm{.}50\%$ per year in the future. The company's beta is $1\mathrm{.}35,$ the market risk premium is $5\mathrm{.}00\%,$ and the risk$-$free rate is $4\mathrm{.}50\%.$ What is the company's current stock price, P$0?$ Do not round intermediate calculations.

a$.$ $$33\mathrm{.}94$

b$.$ $$35\mathrm{.}49$

c$.$ $$48\mathrm{.}79$

d$.$ $$46\mathrm{.}25$

e$.$ $$32\mathrm{.}17$