will be the cost of her investment? (Stock valuation) Janice plans to buy 300 shares of common stock today and sell it in six years. She expects to receive a cash dividend of $3.10 over the next six years. Thereafter, dividends are expected to growth indefinitely at 1.5%. If she can invest in a similar stock with a cost of equity of 13.5%, what is the maximum that she should be willing to pay for each share of this stock? What will be the cost of the investment