Common stock value Variable growth Personal Finance Problem Home Place Hotels Inc la entering into a 3-year remodeling and expansion project. The Construction will have a limiting effect on eaming during the time, but when it is complete, should allow the company to enjoy much improved growe, in anings and dividends Last year, the company paid adidind of 2.40pects to growth in the year. In years and growth is expected, and in year 4 19% growth In years and thereafter growth should be a constant per year. What is the maximum pricepere that an investor who requires a return of 14 should pay for Monte Place Hotel common stock The mam pe per share that an investor who requires a return of the pay for Home Place Hotels.com stock and to the cent) Common stock value-Variable growth Personal Finance Problem Home Place Hotels Inc is entering into a year ternodeling and expansion project. The construction will have a limiting effect on caming during that time, but when it complete should allow the company to enjoy much improved growth in earnings and arowth in year and thereafter grown should be a constant 9% per year. What is the marimum price per share that an investor whio requires a return of 14% should pay for Home Place Hotels Common stock The maximum price per share that an investor who requires a return of 14% should pay for Home Place Hotels common stock (Round to the nearest cent)