16. Gee-Gee' s is going to pay an annual dividend of $2.05 a share on its common stock next year. This year, the company paid a dividend of $2 a share. The company adheres to a constant rate of growth dividend policy. What will one share of this common stock be worth five years from now if the applicable discount rate is 10.9 percent? A. $26.94 First find PO. Then grow PO for 5 years: Po (1+ B. $28.30 PO for 5 years: Po (1+2.50)'s C. $26.28 $27.61 E $27.00