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Valorous Corporation will pay a dividend of $1.85 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 $1.85 per share at this year's end and a dividend of $2.35 per share at the end of next year. It is expected that the price of Valorous' stock will be $43 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? O A. $34.50 O B. $38.56 OC. $40.59 OD. $42.62

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