A stock expects to pay dividends of $4.25 per share one year from today, $5.00 per share two years from today, and $5.75 per share three years from today. The stock can be sold for $127.38 three years from today, after the year three dividend has been paid. If the appropriate discount rate for the stock is 13.83 percent, what should be the price of one share of this stock today? O $93.96 $90.26 O $11.49 O $97.85 O $116.96

A stock expects to pay dividends of $4.25 per share one year from today, $5.00 per share two years from today, and $5.75 per share three years from today. The stock can be sold for $127.38 three years from today, after the year three dividend has been paid. If the appropriate discount rate for the stock is 13.83 percent, what should be the price of one share of this stock today? $93.96 $90.26 $11.49 $97.85 $116.96