Q14

Valorous Corporation will pay a dividend of $1.90 per share at this year's end and a dividend of $2.45 por share at the end of next year. It is expected that the price of Valorous' stock will be $44 per share after two years. If Valorous has an equity cost of capital of 8%, what is the Inaximum price that a prudent investor would be willing to pay for a share of Valorous stock today? forti 50 Ti IRRI A. $35.34 B. $43.66 Ject B C. $41.58 D. $39.50 a pay