Michael's, Incorporated, just paid $2.65 to its shareholders as the annual dividend. Simultaneously, the company announced that future dividends will be increasing by 5.7 percent. If you require a rate of return of 9.9 percent, how much are you willing to pay today to purchase one share of the company's stock? $33.35 $28.29 $17.96 $66.69 $69.34 Question 8 10 pts The next dividend payment by Hernandez Enterprises will be $1.82 per share with future increases of 2.8 percent annually. The stock currently sells for $38.70 per share. What is the dividend yield? 4.20% 4.70% 4.81% 4.56% 4.41%