Asonia Co. will pay a dividend of $5.70, $9.80, $12.65, and $14.40 per share for each of the next four years, respectively. The company will then close its doors. If investors require a return of 10.8 percent on the company's stock, what is the stock price?

Answer choices

$33.80

$44.69

$31.98

$38.37

$36.40