In doing a five-year analysis of future dividends, the Dawson Corporation is considering the following two plans. The values represen! dividends per share. Use Appendix B for an approximate answer but calculate your final answer using the formula and financial calculator methods. Year 1 2 3 4 5 Plan 51.80 1.80 1.80 2.10 2.10 Plan $0.50 2.20 0.20 4.00 1.40 a. How much in total dividends per share will be paid under each plan over five years? (Do not round Intermediate calculations and round your answers to 2 decimal places.) Total Dividends Plan A Plan B b.1. Mr. Bright, the Vice-President of Finance, suggests that stockholders often prefer a stable dividend policy to a highly variable one. He will assume that stockholders apply a lower discount rate to dividends that are stable. The discount rate to be used for Plan Als 10 percent; the discount rate for Plan Bis 14 percent. Compute the present value of future dividends. (Do not round Intermediate calculations and round your answers to 2 decimal places.) Present Value of Future Dividends Plan A Plan B b-2. Which plan will provide the higher present value for the future dividends? O Plan A O Plan B