You are considering the purchase of shares of Oberon. But you do not know what the fair price would be. So you use the dividend discount model knowing that you will receive a dividend of $4.75 per share one year from now and you expect that dividend to grow at 2% every year into perpetuity. Your assumed discount rate is 11%. What is each share of Oberon worth today? $24.09 $40.67 $42.18 $52.78 $47.50