The last dividend paid by Coppard Inc. was $1.25. The dividend growth rate is expected to be constant at 17.5% for 3 years, after which dividends are expected to grow at a rate of 6% forever. If the firm's required return (rs) is 11%, what is its current stock price? Possible answers are...

a. $43.56

b. $44.35

c. $42.77

d. $45.93

e. $45.14