Question: Year Knox Inc. is deciding between the two dividend payment plans below: Plan A $3.00 $3.05 $3.10 $3.15 Plan B $0.50 $1.75 $3.25 $6.80 Stockholders

Year Knox Inc. is deciding between the two dividend payment plans below: Plan A $3.00 $3.05 $3.10 $3.15 Plan B $0.50 $1.75 $3.25 $6.80 Stockholders are expected to discount Plan A by 15% and Plan B by 10%. Based upon the present value of the future dividends, which plan will the stockholders prefer? Select one: O A. Plan A O B. Plan B O C. Either, since both plans pay equal total dollar amounts OD. Neither, since the dividend payout ratios are the same

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