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(SUMMER 2020)) U $24.37 17.BC 'n D just paid its annual dividend of $.60 a share. The projected dividends for the next five years are

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(SUMMER 2020)) U $24.37 17.BC 'n D just paid its annual dividend of $.60 a share. The projected dividends for the next five years are $.30, $.50, $.75, $1.00, and $1.20, respectively. After that time, the dividends will be held constant at $1.49. What is this stock worth today at a 6% discount rate? (5 Points) O $20.48 $20.60 $21.02 $21.28 O $21.43

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