The Sly Fox pays a constant dividend of $1.46 a share. The company announced today that it willcontinue to pay the dividend for another two years and then in year 3 it will pay a final liquidatingdividend of $15.25 a share. What is one share of this stock worth today at a required return of 18.5%?Select one:a. $11.44b. $12.92c. $14.20d. $13.09e. $12.07
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