5. DoWe Inc. is expecting their sales to decline due. The company has announced that they will be reducing their annual dividend by 4% a year for the next four years. After that, they will maintain a constant dividend of $1 a share. Last year, the company paid $1.80 per share What is this stock worth to you if you require a 12% rate of return? A $9.29 BS10.27 C$11.30 D. $12.07 E $13.10