Coats & More just announced that it will commence paying annual dividends next year. It plans to pay $.75 a year for four years, $.90 a year for the following three years, and then cease paying dividends altogether. How much is one share of this stock worth to you today if you require a 12 percent rate of return? A)$4.09 B)$4.40 C)$3.65 D)$5.89 E)$3.34