The Ramirez Companys last dividend was $1.75. Its dividend growth rate is expected to be constant at 25% for two years, after which dividends are expected to grow at a rate of 6% forever. Its required return (rs) is 12%. What is the best estimate of the current stock price?

Group of answer choices

$41.58

$42.64

$43.71

$44.80

$45.92