Keidis Industries will pay a dividend of $2.95, $4.05, and $5.25 per share for each of the next three years, respectively. In four years, you believe that the company will be acquired for $47.00 per share. The return on similar stocks is 10.0 percent. What is the current stock price?

Multiple Choice

$42.70

$55.64

$42.07

$48.28

$45.98