Over the next three years, Distant Groves will pay annual dividends of $.65.$.70, and $.75 per share, respectively. After that, dividends are projected to increase by 2 percent per year. What is one share of this stock worth today at a required return of 14.5 percent? $5.49 $5.94 $5.68 $5.55 $5.86 Question 12 10 pts NU YU announced today that it will begin paying annual dividends. The first dividend will be paid next vear in the amount of $.47 a share. The following dividends will be $.52,$.67, and $.97 a share annually for the following three years, respectively. After that, dividends are projected to increase by 3.3 percent per year. How much are you willing to pay today to buy one share of this stock if your desired rate of return is 14 percent? $9.36 $7.38 $9.67 $9.83 $1.85