The Last Dividend Paid by Wilden Corporation Was $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?

A) $37.05
B) $38.16
C) $39.30
D) $40.48
E) $41.70