17. You applied for an Equity Analyst position with Goldman Sachs after graduating from College of Charleston. As part of the evaluation process, you have to take a test on stock valuation covering the following questions: Vineyard Vines Company just paid a dividend to dividend of $4.5 per share. The company expects the coming year to be very profitable, and its dividend is expected to grow by 10% over the next year. However, after next year Vineyard Vine's dividend is expected to grow at a constant rate of 3.5% per year. The risk-free rate is 4%, the market risk premium is 5.0%, and Vineyard's beta is 1.15. What is the dividend two year from now, D2? a) 5.12 b) 6.54 O c) 7.25 d) 4.55 e) 5.34