Asonia Co. will pay a dividend of $5.80, $9.90, $12.75, and $14.50 per share for each of the next four years, respectively. The company will then close its doors. If investors require a return of 11.2 percent on the company's stock, what is the stock price?

$36.46

$38.51

$31.98

$45.09

$33.86