Your broker offers to sell you some shares of Wingler & Company common stock, which paid a dividend of $2 yesterday. You expect the dividend to grow at a rate of 5 percent per year into perpetuity. The appropriate rate of return for the stock is 10 percent. What is the value of Wingler's stock according to the dividend discount model (DDM)? 1) $30.00 2) $35.00 3) $38.00 4) $42.00 5) $55.00