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Save it 1 Michaels, Inc. just paid $200 to its shareholders as the annual dividend. Simultaneously, the company announced that future dividends will be increasing

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Save it 1 Michaels, Inc. just paid $200 to its shareholders as the annual dividend. Simultaneously, the company announced that future dividends will be increasing by 44 percent. If you require a rate of return of 86 percent how much are you willing to pay today to purchase one share of the company's stock? points Multiple Choice chool O $24.86 ence O $2428 $5171 $1606 $4971

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