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The Alexa Corporation is expected to pay the following dividends over the next three years: $6, $4, $2. Thereafter, the company pledges to increase the

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The Alexa Corporation is expected to pay the following dividends over the next three years: $6, $4, $2. Thereafter, the company pledges to increase the dividend payment by 5% per year indefinitely. The required rate of return on the stock is 13%. What is its stock price today? A. 25.93 B. 28.02 C. 26.25 D. 36.25 E. 34.69

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