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Your research shows that Lanit Corp. will offer $2.04 per share in dividends over the next year and $1.97 per share in dividends the year

Your research shows that Lanit Corp. will offer $2.04 per share in dividends over the next year and $1.97 per share in dividends the year after that.Market analysis predicts that you will be able to sell the stock in two years for $23.58 per share.If your required rate of return is 17%, how much are you willing to pay for the stock today?Round to two decimal places (Ex. $0.00).(Hint: are dividends growing constantly?)

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