Company ABC currently pays $3.5 dividend. dividends have been growing at a 4% annual rate and are expected to continue growing with the same rate in the future. John buys a share of this company's stock and holds it for one year and sells it for $23. what is the current value of the stock to John is the required rate of return is 15%?

Group of answer choices

23.17

21.67

20.15

25.5