WorldTour Co. has just now paid a dividend of $6 per share (Do), the dividends are expected to grow at a constant rate of 5% per year forever.  If the required rate of return on the stock is 15%, what is the current value on stock (after paying the dividend)?

1. A) $63
2. B) $56
3. C) $40
4. D) $48
5. E) None of the above