Hudson Corporation will pay a dividend of $$3\mathrm{.}00$ per share next year. The company pledges to increase its dividend by $2\mathrm{.}80$ percent per year indefinitely.

If you require a return of $10\mathrm{.}10$ percent on your investment, how much will you pay for the company's stock today?

Multiple Choice

$$22\mathrm{.}62$

$$39\mathrm{.}45$

$$42\mathrm{.}74$

$$41\mathrm{.}10$

$$39\mathrm{.}98$