You are considering the purchase of AMDEX Company shares.You anticipate that the company will pay dividends of $2.00 per share next year and $2.25 per share the following year.You believe that you can sell the shares for $17.50 per share two years from now.If your required rate of return is 12%, what is the maximum price that you would pay for a share of AMDEX Company shares?

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The Answer of You are considering the purchase of AMDEX Company shares.You anticipate that the company will pay dividends of $2.00 per share next year and $2.25 per share the following year.You believe that you can sell the shares for $17.50 per share two years from now.If your required rate of return is 12%, what is the maximum price that you would pay for a share of AMDEX Company shares?

You Are Considering the Purchase of AMDEX Company Shares