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Knightmare, Incorporated, will pay a dividend of $ 5 . 1 5 , $ 8 . 0 5 , and $ 1 1 . 2

Knightmare, Incorporated, will pay a dividend of $5.15,$8.05, and $11.25 per share for each of the next three years, respectively. The company will then close its doors. Investors require a return of 11 percent on the company's stock. What is the current stock price?
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$26.64
$25.25
$19.40
$31.12
$23.45
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