24 Canine Crates just paid an annual dividend of $.45 per share but plans to double that amount each year for three years. After that, the firm expects to maintain a constant dividend. What is the value of this stock today if the required return is 13 percent? 22 Software Sales Supply is expected to pay its first annual dividend of $110 per share in Year 3. Starting in Year 6, the company plans to Increase the dividend by 3.2 percent per year. What is the value of this stock today. Year 0, at a required return of 13.1 percent