Common stock valueVariable growth Personal Finance Problem Home Place Hotels, Inc., is entering into a 3-year remodeling and expansion project. The construction will have a limiting effect on earnings during that time. but when it is complet it should allow the company to en oy much improved growth in earnings and dividends. Last year, the company paid a dividend of S2.30. t expects zero growth in he next year n years 2 and 3.6% growth is expected, and in year 4 21% gro t in year 5 and thereafter growth should be a constant 11% per year What is the ma mum pnce per share that an investor who requires a return of 17% should pay for Home Place Hotels common stock? The maximum pnce per share that an investor who requires a return of 17% should pay for Hom e Place Ho els con mon stock s s Round to the nearest cent