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 calculate your final answer using the formula and financial calculator methods. Year Plan 1 $1.50 2 1.50 1.50 4 1.60 5 1.60 Plan B $0.50 2.00 0.20 4.00 1.70 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.) Plan A Plan B Total Dividends $ 10.50 $ 9.70 -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 A is 10 percent, the discount rate for Plan B is 12 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 Plana 129 -2. Which plan will provide the higher present value for the future dividends? Plan Plan