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please show all working You are considering the purchase of AMDEX Company stock. You anticipate that the company will pay dividends of $2.25 per share

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You are considering the purchase of AMDEX Company stock. You anticipate that the company will pay dividends of $2.25 per share next year and $2.75 per share at the end of year two. You believe that you can sell the stock for $31.50 per share two years from now. Your required rate of return is 15% per annum. What is the maximum price that you would pay for a share of AMDEX Company stock today

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