Fudge Inc. has paid a dividend of $1.2 a share last year. Yesterday, the firm announced that the dividend will increase by 10 percent each year for the next three years, after which time the dividends will increase by 4 percent annually. The required return on this stock is 8 percent. What is the current value per share?

		$30.76
		$36.68
		$34.70
		$41.50