Question 5 (1 point) AMD Creative Corporation produces a good that is very mature in the firm's product life cycles. AMD Creative is expected to pay a dividend in year 1 of $3, a dividend in year 2 of $2, and a dividend in year 3 of $1. After year 3, dividends are expected to decline at the rate of 2% per year. An appropriate required return for the stock is 8%. Using the multistage DDM, the stock should be worth today. $10.42 $13.07 $18.25 $19.26