Marks) Consider the following information which relates to dividends per share (DPS) for a given company Year 2021 2020 2019 2018 2017 DPS Today, we are in 2022. The firm's management is in the process of deciding whether to expand or not to expand the firm's branches. Below, is a set of inputs pertaining to each scenario: $1.90 $1.70 $1.55 $1.40 $1.30 Scenario #1 - Do Not Expand: Under this scenario, common stock is expected to trade at $51.61. Scenario #2 Expand: Dividend by the end of 2022 is expected to grow at the historical annual growth rate for the period 2017-2021, which is currently undetermined. This period adds up to 4 years based upon starting at time zero. Once determined, this rate is expected to continue in the future. The DPS in 2022 is expected to be $2.15 per share, which will grow at an annual rate of 13% for two years (2023 and 2024), and then, the divided would grow at the unknown (constant) rate from 2025 thereafter. The required return on common stock under this scenario is 16%. Required: What is the absolute dollar difference in the present value per share of commons stock between both scenarios? o activate