Microtech Corporation is expanding rapidly and currently needs to retain all of its earnings; hence, it does not pay dividends. However, investors expect Microtech to begin paying dividends, beginning with a dividend of $2.40 coming 3 years from today. The dividend should grow rapidly-at a rate of 24% per year-during Years 4 and 5; but after Year 5, growth should be a constant 6.3% per year. If the required return on Microtech is 10.40%, what is the value of the stock today? $95.68 $64.38 $78.46 $99.37 Warr Corporation just paid a dividend of $1.00 per share. The dividend is expected to grow 27% a year for the next 2 years and then at 28% a year thereafter. What is the expected dividend per share at the end of year 6? $4.3980 $1.6129 $4.1959 $4.3296