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Bill is expected to pay annual dividends of $1.50, $1.75, and $2.00 a share over the next three years, respectively. After that, the dividend is

Bill is expected to pay annual dividends of $1.50, $1.75, and $2.00 a share over the next three years, respectively. After that, the dividend is expected to remain constant. What is the current value per share at a discount rate of 14 percent?

A- $13.39, B- $12.22, C- $13.08, D- $12.47, E- $13.65

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