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Valorous Corporation will pay a dividend of $1.00 per share at this year's end and a dividend of $2.50 per share at the end of

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Valorous Corporation will pay a dividend of $1.00 per share at this year's end and a dividend of $2.50 per share at the end of next year. It is expected that the price of Valorous' stock will be $40 per share after two years of Valorous has an equity cost of capital of 8%, what is the maximum price that a prudent investor would be willing to pay for a share of Valorous stock today? Car O A $40.01 OB $38.10 OC. $36.20 OD. $32.39 cei

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