Rework Table 7.4 for horizon years 1, 2, 3, and 10, assuming that investors expect the dividend and the stock price to increase at only 6% a year and that each investor requires the same 12% expected return. The company will pay a dividend of $3 at the end of the first year. What value would an investor place on the stock? Do not round intermediate calculations. Round your answers to 2 decimal places. Horizon (years) 1 PV (Dividends) PV (Terminal Price) Value per Share 2 3 10 TABLE 7.4 Value of Blue Skies. Horizon (years) PV (dividends) 1 $ 2.68 2 69.74 5.26 PV (terminal price) $ 72.32 Value per Share $ 75 75 3 7.75 67.25 75 10 22.87 52.13 75 20 38.76 36.24 75 30 49.81 25.19 75 50 62.83 12.17 75 100 73.02 1.98 75