One of the options is Delta Airlines. They have paid an annual dividend of $3.29 for the past 25 years and we expect them to continue this indefinitely. Assuming the market requires a(n) 10.6% return from Delta, what is the value of a share of stock? (Answer with 2 decimals.) Joseph Langemeier Darnell And what if we assumed they would start increasing their dividend by 1.4% per year? What would be a fair price to pay in that scenario? (Answer with 2 decimals.)