Cenas 5175 Question 17 8 pts Drone, Inc. currently pays a $3.50 dividend (D.) per share Next year's dividend is expected to be 54 per share. After next year, dividends are expected to increase at a 5 percent annual rate for three years and a 4 percent annual rate thereafter What is the current value of a share of Drond, Inc. stock to an investor who requires a 12 percent retum on his or her inwestment? Calculate al values as if you are in Do, or wear a. $50.3031 $49,87 $5101 $5430 D Use the following information for the next three questions. You have estimated the following probability distributions of expected future returns for Stocks A and B: Stock A Probability StockA Return -15% Stock B Return Stock B Probability 0.3 0.1 03 0.3 07 2% SX 5 DO 00 DU