What is the current share value of Rising Bank's stock to an investor who has a required rate of return of 25 percent? The current dividend is $5.45(D0) and the dividends are expected to grow 8 percent per year for 4 years. At the end of 4 years, the investor expects to sell the security for $50.

Question 14 options:

	$44.60
	$20.48
	$32.77
	$35.81