2.50 points MC Qu. 9 JEN Corp. is expected to pay a dividend of $div per year indefin.. JEN Corp. is expected to pay a dividend of $2.00 per year indefinitely. If the appropriate rate of return on this stock is 12 percent per year, and the stock consistently goes ex-dividend 25 days before dividend payment date, what will be the expected maximum price in light of the dividend payment logistics? O $14.54 O $16.67 O $16.54 O $18.52