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n doing a five-year analysis of future dividends, the Dawson Corporation is considering the following two plans. The values represent dividends per share. Use Appendix

n doing a five-year analysis of future dividends, the Dawson Corporation is considering the following two plans. The values represent dividends per share. Use Appendix B for an approximate answer but calculate your final answer using the formula and financial calculator methods. Year Plan A Plan B 1 $ 1.10 $ 0.10 2 1.10 1.20 3 1.10 0.20 4 1.70 4.50 5 1.70 1.80 a. How much in total dividends per share will be paid under each plan over five years? Note: Do not round intermediate calculations and round your answers to 2 decimal places. b-1. Mr. Bright, the Vice-President of Finance, suggests that stockholders often prefer a stable dividend policy to a highly variable one. He will assume that stockholders apply a lower discount rate to

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