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General Electric (GE) has the following expected dividends per share: $3 in year 1, $2.5 in year 2, $2 in year 3, $3.5 in year

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General Electric (GE) has the following expected dividends per share: $3 in year 1, $2.5 in year 2, $2 in year 3, $3.5 in year 4, and $0.5 in year 5. In year 5, GE's stock will be selling for $23.00 per share. If GE's equity cost of capital is 9.00%, what is its current stock price? $24.15 $26.45 $9.21 $14.95

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