PT Boats Plans to Pay a $2

PT Boats plans to pay a $2.25 a share dividend at the end of each of the next 2 years.At the end of year 3,it will pay a final liquidating dividend of $15 a share.After that,the company plans to close its doors permanently.What is the current value of this stock at a discount rate of 15 percent?

A) $9.89
B) $10.26
C) $11.54
D) $12.47
E) $13.50