MC algo $9-19$ Valuing Stock

Knightmare, Incorporated, will pay a dividend of $$6\mathrm{.}85,$ $$10\mathrm{.}95,$ and $$14\mathrm{.}15$ per share for each of the next three years, respectively. The company will then close its doors. Investors require a return of $10\mathrm{.}6$ percent on the company's stock. What is the current stock price?

Multiple Choice

$$32\mathrm{.}14$

$$28\mathrm{.}34$

$$37\mathrm{.}33$

$$30\mathrm{.}52$

$$25\mathrm{.}60$