You want to buy Lolicorp's stock and hold it for 3 years. You expect the stock will pay annual dividends of $0.56,$4.82, and $12.50 per share at the end of each of the next three years, resfrectively. At the end of three years you think you can sell the stock for $25.00 per share. At a discount rate of 16 percent, what is this stock worth today? $25.88$31.40$32.58$28.09$29.71