In doing a fve-year analysis of future dividends, the Dawson Corporation is considering the following fwo plans. The values represent dividends per share. Use Apbendix. B for an approximate answer but calculate your final answer using the formula and financial calculator methods. a. How much in total dividends per share will be paid under eoch plan over five years? (Do not round intermediate calculations and round your answers to 2 decimal places.) b-1. Mr, Bright, the Vice-President of Finance, suggests that stockholders often refer 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 to percent; the discount rate for Plan 8 is 12 percent. Compute the present value of future dividends. (Do not round intermediate calculations and round your answers to 2 decimal places.)