A company has just paid an annual dividend of $2.00 for its stock. Company's dividends are expected to grow by 50% in the first year, by 25% in Year 2, aby 18% in Year 3 and at a constant rate of 4% in year 4 and thereafter. The required return on this stock is 11%. What is the stock's current value?

54.8

58.2

56.0

59.4

57.1