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Lunar Adventures Inc is expected to pay a dividend of $ 1 . 4 0 per share at the end of this year and expected

Lunar Adventures Inc is expected to pay a dividend of $1.40 per share at the end of this year and expected to pay a dividend of $1.50 per share at the end of the second year. As well, you expect the stock price to be $25.00 at the end of the second year. If the firms equity cost of capital is 10% and you plan to hold the stock for one year, the price you would expect to be able to sell a share of the stock in one year (just after the dividend is paid) is closet to:
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