4. The Slim Waist announced today that they will begin paying annual dividends. The first dividend will be paid next year in the amount of $.35 (t=1) a share. The following dividends will be $.40 (t=2), $.55 (t=3), and $.70 (t=4) a share annually for the following three years, respectively. After that, dividends are projected to increase by 2.5% per year. How much are you willing to pay to buy one share of this stock if your desired rate of return is 12%? (8 points) D D2 D3 D4 PA Cost of Capital Price of the stock