Use the following information for the next two questions:

Candy Crush Inc. just paid its first annual dividend of $4 per share. The dividends will then grow for the next 2 years at 9% rate, then slow down to a 3% annual rate forever. Assuming a discount rate of 13%.

14) What is the terminal value of Candy Crush in Year 2?

41.52
	$48.93
	$51.94
	$35.60

How much is the current stock price of Candy Crush?

$48.25
	$58.81
	$39.59
	$45.90