Question 20 1 pts Gen XYZ Ltd. made two announcements concerning their common stock today. First, the company announced the next annual dividend will be $1.48 a share. Secondly, all dividends after that will increase by 2.5 percent annually. What is the maximum amount you should pay to purchase a share of this stock if your goal is to earn a 12 percent rate of return? a. $12.33 b. $12.64 c. $15.58 d. $13.27 e. $15.97