Deluxe Company expects to pay a dividend of $$4$ per share at the end of year $1$ and $$5$ per share at the end of year $2,$ and then be sold for $$34$ per share at the end of $2.$ If the

required rate of return on the stock is $15$ percent, what is the current value of the stock?

Multiple Choice

$$40\mathrm{.}77$

$$32\mathrm{.}97$

$$37\mathrm{.}39$

$$33\mathrm{.}95$