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Suppose Ford Motor Company plans to pay a dividend of $4.25 in one year and $2.00 in two years. Afterward, the company will not pay

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Suppose Ford Motor Company plans to pay a dividend of $4.25 in one year and $2.00 in two years. Afterward, the company will not pay any dividend for 4 years. At time 6, the company will pay a dividend of $1.00 per share and will increase the dividend by 9.00% every year thereafter. If Ford's equity cost of capital is 11.00%, what is its current price? O $55.45 $38.57 $32.18 $35.12

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