Question 16 (1 point) Snow Inc. just paid an annual dividend of $1.56. It has been increasing its dividends by 5% annually and is expected to continue doing so. How much can it expect to receive for each new share of stock offered if investors require an 12% rate of return? $29.74 $ $23.40 O $15.30 $25.91 Question 17 (1 point) Save Kelsey invests $1,200 in an account that pays 6% simple interest. How much money at the end of twelve years