A stock is expected to pay its first $$35$ dividend in $4$ years from now. The dividend is expected to be paid annually forever and grow by $0\%$ pa$.$ The discount rate is $3\%$ pa$.$ Estimate the current stock price. The current stock price should be:

Select one:

a$.$

$$1,166\mathrm{.}67$

b$.$

$$1,102\mathrm{.}67$

c$.$

$$1,067\mathrm{.}67$

d$.$

$$1,036\mathrm{.}57$

$($Correct answer is d$)$

e$.$ $$1,006\mathrm{.}38$