City Mart plans to pay dividends of $1.36, $1.15, $1.35, and $1.62 at the end of the next four years, respectively. After that, the company will be sold and shareholders are expected to receive $82.40 per share in Year 6 when the sale should be finalized. If the required return is 11.4 percent, what is the current value of one share of this stock?

Group of answer choices

$51.87

47.29

46.5

$47.71

$51.08