Use the following information to answer Questions 13 and 14: Microtech plans to increase their dividends by 5% the first year and has pledged to increase their dividends by 2% each year thereafter in perpetuity. The required rate of return on Microtech is 14% and they just paid a $2 dividend. 13. What will the dividend per share payout be in year 1 ? A. $2.00 B. $2.02 C. $2.04 D. $2.28 E. none of the above 14. What is the value of the stock today? A. $16.67 B. $17.00 C. $17.50 D. $23.33 E. none of the above