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24) Fanshaw Corporation is expected to pay an annual dividend of $0.20 per share in the coming year, and to trade for $15.15 at the

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24) Fanshaw Corporation is expected to pay an annual dividend of $0.20 per share in the coming year, and to trade for $15.15 at the end of the year. If investments with the same risk as Fanshavs stock have an expected return of 10.75%, what is the most you would pay today for Fanshaw's stock? A) $13.50 B) $15.35 C) $14.95 D) $13.86 B) $15.15

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