$40.$

Rylan Industries is expected to pay a dividend of $$5\mathrm{.}90$ year for the next four years. If the current price of Rylan stock is $$32\mathrm{.}12,$ and Rylan's equity cost of capital is $15\%,$ what price would you expect Rylan's stock to sell for at the end of the four years?

A$.$ $$74\mathrm{.}82$

B$.$ $$48\mathrm{.}10$

C$.$ $$21\mathrm{.}38$

D$.$ $$26\mathrm{.}72$