Question 19 3 pts The Martin Marotta Company increases their annual dividend by 4 percent each year. The common stock has a market price of $42.05 a share on a required return of 11 percent. What is the amount of the last dividend this company paid? $2.52 $2.83 $2.48 $2.94 $2.72 Question 20 3 pts Lucky K Enterprises is growing by leaps and bounds. As a result, the company expects to increase their dividend to $.80. $1.70, and $2.20 over the next three years, respectively. After that, the dividend is projected to increase by 5 percent annually. The last annual dividend the firm paid was $.25 a share. What is the current value of this stock if the required return is 18 percent? $12.93 $14.05 $16.58 $17.77 $13.68 Question 17 3 pts Candy and Cookies pays a constant annual dividend of $1.30 per share. How much are you willing to pay for one share if you require a 12 percent rate of return? $15.60 $13.50 $9.23 $12.06 $10.83 Question 18 3 pts Winslow and Daughters just paid their annual dividend of $2.20 a share. They recently announced that all future dividends will be increased by 2 percent annually. What is one share of this stock worth to you if you require a 14 percent rate of return? $18.33 $18.27 $18.70 $18.14 $18.87