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Valorous Corporation will pay a dividend of $1.75 per share at this year's end and a dividend of $2.35 per share at the end of

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Valorous Corporation will pay a dividend of $1.75 per share at this year's end and a dividend of $2.35 per share at the end of next year. 1 is expected that the price of Valorous' stock will be $41 per share after two years. If Valorous has an equity cost of capithl of 9%, what is the maximum price that a prudent investor would be willing to pay for a share of Valorous stock today? A $39.99 B. 538.09 c. $36.19 0.$32.38

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