Finance question 24

U Question 24 1 pts A corporation is expected to pay the following dividends over the next two years: $1.56 and $1.39, respectively, for one year from now and two years from now. Afterward, the company pledges to maintain a constant 1 growth rate in dividends forever. What is the current share value if the required rate of return is 7 percent according to the dividend discount model? Report the value to the nearest cent (e.g., 12.34)