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.

Year Plan A Plan B

$1$ $ $1\mathrm{.}80$ $ $0\mathrm{.}50$

$21\mathrm{.}802\mathrm{.}20$

$31\mathrm{.}800\mathrm{.}20$

$42\mathrm{.}104\mathrm{.}00$

$52\mathrm{.}101\mathrm{.}40$

a$.$ How much in total dividends per share will be paid under each plan over five years?

Note: Do not round intermediate calculations and round your answers to $2$ decimal places.

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 $10$ percent; the discount rate for Plan B is $14$ percent. Compute the present value of future dividends.

Note: Do not round intermediate calculations and round your answers to $2$ decimal places.