Casino Co. is expected to pay a dividend of $6 per share at the end of year one and these dividends are expected to grow at a constant rate of 8% per year forever.  If the required rate of return on the stock is 20%, what is the current value of the stock today?

1. A) $30
2. B) $50
3. C) $100
4. D) $54
5. E) None of the above