Michael's, Inc. just paid $2.25 to its shareholders as the annual dividend. Simultaneously the company announced that future dividends will be increasing by 4.90 percent. If you require a rate of return of 9.1 percent, how much are you willing to pay today to purchase one share of Michael's stock? Multiple Choice o $28.10 O $16.86 O $56.20 o $25.94 MacBook Air