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The common stock of Carrolls Entertainment Inc. currently pays $3.00 dividends per share. The dividends are expected to grow at an annual rate of 15.00%

The common stock of Carrolls Entertainment Inc. currently pays $3.00 dividends per share. The dividends are expected to grow at an annual rate of 15.00% for the next three years. The dividends are expected to increase by $1.00 in addition to the percentage increase in the fourth year. Thereafter, the annual constant growth rate is 6.00%. If you, as an investor, require 24.00% rate of return on this common stock investment, how much would you be willing to pay per share value of for Carrolls Entertainment Inc. common stock today?

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$33.42

$36.81

$24.13

$25.97

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