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A company of your interest just paid an annual dividend of $ 2 . 6 9 per share and is expected to increase that amount

A company of your interest just paid an annual dividend of $2.69 per share and is expected to increase that amount by 2.5 percent per year. If you are planning to buy 1,000 shares of this stock in two years, how much should you expect to pay per share if the market rate of return for this type of security is 12.6 percent at the time of your purchase?
$38.24
$40.23
$36.35
$27.98
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