Smith Construction, Inc. is expected to pay a $2.78 dividend next year. The dividend is expected to grow by 4% each year for the next three years. After that the company will never pay another dividend ever again. If your required return on the stock investment is 10%, what should the stock sell for today?

Group of answer choices

$9.31

$28.91

$7.46

$35.06

Not enough information to answer the question