The last dividend paid by Wilden Corporation was $$3\mathrm{.}25.$ The dividend growth rate is expected to be constant at $1\mathrm{.}5\%$ for $2$ years, after which dividends are

expected to grow at a rate of $8\mathrm{.}0\%$ forever. The firm's required return $(r_s)$ is $12\mathrm{.}0\%.$ What is the best estimate of the current stock price?

Select the correct answer.

a$.$ $$77\mathrm{.}68$

b$.$ $$73\mathrm{.}96$

c$.$ $$78\mathrm{.}92$

d$.$ $$75\mathrm{.}20$

e$.$ $$76\mathrm{.}44$