Find detailed and accurate answers to your questions on IDNLearn.com. Our platform is designed to provide reliable and thorough answers to all your questions, no matter the topic.

ferris athletic equipment plans to pay an annual dividend of $1.90 per share next year, $1.25 per share a year for the following two years, and then a final liquidating dividend of $11.50 per share four years from now. how much is one share of this stock worth to you today if you require a rate of return of 19.65 percent of this risky investment?