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QUESTION 17 Sholve Corp. currently offers annual dividends of $2.56 is expected to offer 54 89 per share in dividends over the next year, and

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QUESTION 17 Sholve Corp. currently offers annual dividends of $2.56 is expected to offer 54 89 per share in dividends over the next year, and $4.49 per share in dividends the year after that. At the end of the second year, the stock is expected to sell for $2107 per share. If your required rate of return is 17%, how much are you willing to pay for the stock today? Round to two decimal places (Ex $0.00). (Hint: are dividends growing constantly?) QUESTION 18

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