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8. You are standing at year 0 . You are expected to receive a dividend of $2.10 at the end of years 1 and 2

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8. You are standing at year 0 . You are expected to receive a dividend of $2.10 at the end of years 1 and 2 , you expect to receive a dividend of $2 at the end of year 3 and a stock price of $15. If cost of capital is 20%, how much would you be willing to pay? a) 13.53 b) 13.05 c) 14.05 d) 15.05

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