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Copperheads Inc. will pay annual dividends of $ . 6 5 , $ . 7 0 , and $ 7 5 per share over the

Copperheads Inc. will pay annual dividends of $.65,$.70, and $75 per share over the next three years, respectively. After that, dividends are projected to increase by 2 percent per year. What is one share of this stock worth today at a required return of 14.5 percent?
Multiple Choice
$5.94
$5.55
$5.86
$5.68
$5.49
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