Plateau, Incorporated, pays a dividend of $2.00 per share every other year with the last payment having just been paid. Five years from now, the company is repurchasing all of the outstanding shares at a price of $50 per share. What is the current value of one share at a discount rate of 12 percent? Group of answer choices $34.03 $27.89 $34.99 $33.78 $31.24