A stock currently has a zero growth dividend policy and just paid a dividend of $4/share. They will keep this policy for the next 10 years....

A stock currently has a zero growth dividend policy and just paid a dividend of $4/share. They will keep this policy for the next 10 years. Afterward, they will increase their dividends by 2.5%/year, indefinitely. R=14%. Calculate the stock price today.

30.48

31.56

29.17

10.70

None of the above.