Elsinore Co. is a constant growth stock. Dividends are expected to grow at a 5% rate for the foreseeable future. Elsinore just paid a dividend of $2.00 (t=0) and investors require a 13% return on their investment. What is the current value of Elsinore's stock? (approximately)? $28.57 $26.25 $30.29 $25.00 $30.00