Tektronix is a new firm in a rapidly growing industry. The company is planning on increasing its annual dividend by 10% a year for the next two years and then decreasing the growth rate to 5% per year. The company just paid its annual dividend in the amount of $1.00 per share. What is the current value of one share if the required rate of return is 8.00%? $29.90 $34.72 $38.36 $42.04 $46.51 QUESTION 12 Parker Company has sales of S402,000, a tax rate of 34 percent, a dividend payout ratio of 40 percent, and a profit margin of 8 percent What is the addition to retained earnings? $14,892 $16,451 $17,220 $19,296 $21,315