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Stellar Systems is estimated to pay dividend of $ 1 . 8 2 in year 1 , $ 2 . 0 0 in year 2

Stellar Systems is estimated to pay dividend of $ 1.82 in year 1, $ 2.00 in year 2. Assume all dividends are paid at the year end and its estimated you can sell Stellar stock at the price of $52 at the end of year 2. Whats the current fair stock price of Stellar, assuming the annual discount rate of 7.5%?
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$48.42
$36.59%
$32.18
$39.82
$40.56

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