I submitted the same question before, and even though it was solved, it wasn't explained how the two years were incorporated. Please if you could help me understand how that works :D

NIJVLI. U 1 0 0 84. A stock is presently trading for $36. It just paid a $4 dividend, and investors require an 18% return on this stock. According to the Dividend Growth Model, what should be the price of this stock two years from now? Answer: $40.60