27. the Michael's, Inc. just paid $1.90 to its shareholders as the annual dividend. Simultaneously, the company announced that future dividends will be increasing by 4.20 percent. If you require a rate of return of 8.5 percent, how much are you willing to pay today to purchase one share of Michael's stock? percen how much are you wiling to pay increasing by 420 percent O $15.59 O $23.02 O $23.29 O $47.94 O $46.04