Your answer: Question 5 (CHAPTER 8) A Corporation announced of its plans to pay: $10 dividend per share in 1 year, $20 dividend per share in 2 years, $30 dividend per share in 3 years, after which the dividend will be increasing at a constant annual growth rate of 3 percent. The rate of return for this company is 8%. Calculate the value of one share of its stock. Part of the calculation will be finding the Present Value of a (a) regular perpetuity (b) growing perpetuity (c) ordinary annuity (d) annuity due with the first dividend being (a) $10 (b) $20 (c) $30 (d) $476.30 (e) $495.30 (1) $514.40 (8) $523.90 (h) $540.81 (Increase decimal places for any intermediate calculations, from the default 2 to 6 or higher. Only round your final answer to TWO decimal places, for example, 100.23.) The final numerical answer to this problem is