16a. Amos, Inc. is expected to pay an equal dividend at the end of the next two years. Thereafter, the dividend will grow at a constant annual rate of 2.5%, forever. The current stock price is $60. The appropriate rate of return on the stock is 9%. Calculate the next year's dividend payment. (Round to 3 decimals)

16b. After completing your corporate finance class, you feel the next challenge ahead is to serve on the board of directors of Fairbanks Enterprises. Unfortunately, you will be the only person voting for you. If the company has 625,000 shares outstanding, and the stock currently sells for $60, how much will it cost you to buy a seat if the company uses straight voting?

16c. After completing your corporate finance class, you feel the next challenge ahead is to serve on the board of directors of Fairbanks Enterprises. Unfortunately, you will be the only person voting for you. If the company has 625,000 shares outstanding, and the stock currently sells for $60, how much will it cost you to buy a seat if the company has 4 directors up for election and uses cumulative voting?