15.value:2.00 points In doing a five-year analysis of future dividends, the Dawson Corporation is considering the following two plans. The values represent dividends per share. Use Appendix B for an approximate answer but calculate your final answer using the formula and financial calculator methods. YearPlan APlan B 1 $1.60 $.50 2 1.60 2.60 3 1.60 .30 4 1.90 3.00 5 1.90 1.40 a. How much in total dividends per share will be paid under each plan over five years? (Do not round intermediate calculations and round your answers to 2 decimal places.) Total Dividends Plan A $ [removed] Plan B$ [removed] b-1.Mr. Bright, the Vice-President of Finance, suggests that stockholders often prefer a stable dividend policy to a highly variable one. He will assume that stockholders apply a lower discount rate to dividends that are stable. The discount rate to be used for Plan A is 11 percent; the discount rate for Plan B is 13 percent. Compute the present value of future dividends. (Do not round intermediate calculations and round your answers to 2 decimal places.) Present Value ofFuture Dividends Plan A$ [removed] Plan B$ [removed] b-2.Which plan will provide the higher present value for the future dividends? [removed]Plan A[removed]Plan B
