Toy Mart Recently Announced That It Will Pay Annual Dividends

Toy Mart recently announced that it will pay annual dividends at the end of the next two years of $1.60 and $1.10 per share, respectively. Then, in Year 5 it plans to pay a final dividend of $13.50 a share before closing its doors
Permanently. At a required return of 13.5 percent, what should this stock sell for today?

A) $3.24
B) $16.20
C) $9.43
D) $13.33
E) $12.70