Question: e /, Dee's made two announcements concerning its common stock today. First, the company announced that the next annual dividend will be $1.94 a share.

e /, Dee's made two announcements concerning its common stock today. First, the company announced that the next annual dividend will be $1.94 a share. Secondly, all dividends after that will decrease by 1.25 percent annually. What is the value of this stock at a discount rate of 14.5 percent? A, $12.32 B. $12.10 C. $14.82 D. $14.51 $14.21 P0 (194) / (.145-(-1.25)

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