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In doing a five-year analysis of future dividends, the Dawson Corporation is considering the following two plans. The values represent dividends per share, Use Appendix

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In doing a five-year analysis of future dividends, the Dawson Corporation is considering the following two plans. The values represent dividends per share, Use Appendix B for an approximate answer but caiculate your final answer using the formula and financial calculator methods. a. How much in total dividends per share will be paid under each plan over five years? Note: Do not round intermediate calculations and round your answers to 2 decimal places. b-1. Mr. Bright, the Vice-President of Finance, suggests that stockcholders often prefer o stable dividend policy to a highiy variable one. He will assume that stockhoiders apply o lower discount rate to dividends that are stable. The discount rate to be used for Plan A is 8 percent, the discount rate for Plan B is 12 percent. Compute the present value of future dividends. Noter Do not round intermediate calculations and round your answers to 2 decimal places

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