John Deere company will pay a dividend of $6 for each of the next 3 years, $8 for each of the years 4-7, and $10 for the years 8-10.Thereafter, starting in year 11, the company will pay a constant dividend of $6/year forever.If you require 14 percent rate of return on investments in this risk class, how much is this stock worth to you?

$34.54

$50.50

$45.68

$55.99

$37.77

$41.46