Question 6: The Jack Frost Co. just announced that it is increasing its annual dividend to $2.50 and establishing a policy whereby the dividend will increase by 0.5% annually thereafter. How much will one share of this stock be worth five years from now if the required rate of return is 12%? (1 Point) $22.29 $21.96 $21.85 $21.74 None of the above is correct