Airlines paid an annual dividend of $1.30 a share last month. The company is planning on paying $1.60, $1.80, and $1.90 a share over the next 3 years, respectively. After that, the dividend will be constant at $1.75 per share per year. What is the market price of this stock if the market rate of return is 9.5 percent?

Group of answer choices

$13.98

$14.07

$14.71

$17.26

$18.44