An equity analyst is estimating PLK Ltds share price at the end of four years from today. The company has recently paid a dividend of $1.30 which is expected to grow at 4% p.a. over the foreseeable future. If the companys required rate of return on equity is 10% the analysts price estimate at the end of year 4 will be closest to:

Group of answer choices

$21.70.

$25.35.

$26.40.

$22.50.