Torrance Glassware is expected to pay a dividend of $D_1=$$$1\mathrm{.}45$ per share at the end of the year, and that dividend is expected to grow at a constant rate of $5\mathrm{.}80\%$ per year in the future. The company's beta is $1\mathrm{.}16,$ the market risk premium is $5\mathrm{.}35\%,$ and the risk$-$free rate is $3\mathrm{.}90\%.$ What is Torrance's current stock price?

$$34\mathrm{.}39$

$$35\mathrm{.}13$

$$33\mathrm{.}67$

$$36\mathrm{.}82$

$$35\mathrm{.}89$