Ruby owns 1,000 shares of Marriott stock. The company plans on issuing a dividend of $2.20 a share one year from today and then issuing a final liquidating dividend of $27.40 a share two years from today. The required rate of return is 14 percent. Ignoring taxes, what is the value of her holdings in this stock?

		$23,013.23
		$22,765.47
		$21,329.15
		$20,604.38
		$24,375.62