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Question 25 (1 point) A company just paid a $1.60 per share annual dividend. The company is planning on paying $1.80, $1.95, $2.05, and $2.20

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Question 25 (1 point) A company just paid a $1.60 per share annual dividend. The company is planning on paying $1.80, $1.95, $2.05, and $2.20 a share over the next 4 years, respectively. After that, the dividend will be a constant $2.25 per share per year. What is this stock worth to you per share if you require a 8.50% rate of return? $24.97 $25.61 $26.25 $26.89 $27.53

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