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Question 2 7 Points You are thinking of purchasing the stock of Ajax co, You expect it to pay a $1.20 dividend in one year,

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Question 2 7 Points You are thinking of purchasing the stock of Ajax co, You expect it to pay a $1.20 dividend in one year, and you beliqve that you can sell the stock for $22 at that time. ay if you require a return of 15% on investments of this risk, what is the maximum you would be willing to pay? b) if you decide to hold the stock for two years, and you expect a dividend of $2.30 in two years and a stock price of $24.10 at the end of year 2. how much would you be willing to pay? Show the steps of your solution by uploading an image of your handwritten calculations or by using your laptop keyboard (Don't use math editor) Use the editor to format your

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