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You own 200 shares of Loner Inc. stock. The company announced that it will be issuing a dividend of $.20 a share one year from

You own 200 shares of Loner Inc. stock. The company announced that it will be issuing a dividend of $.20 a share one year from today followed by a final liquidating dividend of $1.60 a share two years from today. If you can earn 7 percent on your funds, what will be the value of your total investment income in two years if you do not want to receive any funds until then? A.) $362.80 B.) $266.67 C.) $302.30 D.) $247.78 E.) $348.04

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