An investor projects that a firm will pay a dividend of $1.00 next year and $1.20 the following year. At the end of the second year, the expected price of the shares is $22.00. If the required return is 14%, what is the current value of the firm's shares? *Need an Excel spreadsheet for calculation? --> MS Excel O $15.65. O $18.73. O $19.34. $21.89