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Galloway, Inc. has an odd dividend policy. The company just paid a dividend of $6 per share and has announced that it will increase the

Galloway, Inc. has an odd dividend policy. The company just paid a dividend of $6 per share and has announced that it will increase the dividend by $1 per share for each of the next 4 years, and then never pay another dividend. How much are you willing to pay per share today to buy this stock if you require a 10 percent return?

$27.08
$24.15
$26.57
$32.60
$33.33

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