You Own 189 Shares of Hi-Tek, Inc

You own 189 shares of Hi-Tek, Inc. stock. The company has stated that it plans on issuing a dividend of $.30 per share at the end of this year and then issuing a final liquidating dividend of $1.05 per share at the end of next year. Your required rate of return is 15 percent. Ignoring taxes, what is the value of one share of Hi-Tek stock today?

A) $1.01
B) $1.05
C) $1.17
D) $1.21
E) $1.35