Miller Brothers Hardware paid an annual dividend of $0.95 per share last month. Today, the company announced that future dividends will be decreasing by 2.6 percent annually. If you require a 12.46 percent rate of return, how much are you willing to pay to purchase one share of this stock today? A. $8.27 B. $9.37 C. $6.57 D. $5.93 E. \$7.7