Valorous Corporation will pay a dividend of $1.80 per share at this year's end and a dividend of $2.45 per share at the end of next year. It is expected that the price of Valorous' stock will be $41 per share after two years. If 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?

A 7.00 B. 14.00 C.21.00 D.28.00