16. Blacklist Investments pays no dividends. However, two years from now it will pay a $2.00 dividend and thereafter the dividend will grow at 5% forever. The required return for Blacklist is 20%. What is the price per share?

Blacklist Investments pays no dividends. However, two years from now it will pay a $2.00 dividend and thereafter the dividend will grow at 5% forever. The required return for Blacklist is 20%. What is the price per share? $8.88 $9.48 $11.11 None of the above