Assume the firm's dividend payment this year is $2.54, and that the required rate of return for the firm's industry is 9.9%. If the firm's dividend will grow 4.1% each year beginning next year, what is the market value of the firm's shares under the Dividend Discount Model? Assume this year's dividend has been paid already. $35.83 $47.35 $46.24 $45.59