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Home Depot currently pays an annual dividend of $2.00 per share and adheres to a dividend policy that aims to maintain a constant dividend growth

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Home Depot currently pays an annual dividend of $2.00 per share and adheres to a dividend policy that aims to maintain a constant dividend growth rate over time. Today, the company announced that it will pay a dividend of $2.05 a share on its common stock next year. What will one share of this common stock be worth five years from now if the applicable discount rate is 10.9 percent? $21.28 $28.30 $27.61 $27.00

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