Rylan Industries is expected to pay a dividend of $6.00 year for the next four years. If the current price of Rylan stock is $31.70, andRylan's equity cost of capital is 13%, what price would you expectRylan's stock to sell for at the end of the fouryears?

A.

$40.66

B.

$18.07

C.

$22.59

D.