单选题
编号：2686079
1. Assume that a stock is expected to pay dividends at the end of Year 1 and Year 2 of $1.25 and $1.56, respectively. Dividends are expected to grow at a 5% rate thereafter. Assuming that ke is 11%, the value of the stock is closest to:
- A.$22.30.
- B.$23.42.
- C.$24.55.