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Over the next three years, Distant Groves wl pay annual dividends of $.65, S.70, and $.75 a share, respectively. After that, dividends are projected to

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Over the next three years, Distant Groves wl pay annual dividends of $.65, S.70, and $.75 a share, respectively. After that, dividends are projected to Increase by 2 percent per year. What is one share of this stock worth today at a required return of 14.5 percent? Multiple Choice $5.49 $5.94 $5.68 $5.55 $5.86

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