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The last dividend paid by Wilden Corporation was $ 1 . 5 5 . The dividend growth rate is expected to be constant at 1

The last dividend paid by Wilden Corporation was $1.55. The dividend growth rate is expected to be constant at 1.5% for 2 years, after which dividends are expected to grow at a rate of 8.0% forever. The firm's required return (rs) is 12.0%. What is the best estimate of the current stock price ? Choose between a. $40.48
b. $37.05
c. $41.70
d. $39.30
e. $38.16 Give the formulas use and the steps pls

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