Techworld is expecting to pay out a dividend of $4.44 next year (year 1). After that it expects its dividend to grow at 4 percent per annum for the next five years (for years 2 to 6). What is the dividend that is expected to be paid in year 6? (to nearest cent; don't include $ sign) You are interested in investing in a company that expects to grow steadily at an annual rate of 4 percent for the foreseeable future. The company just paid a dividend of $5.93. If your required rate of return is 12 percent p.a., what is the most you would be willing to pay for this share? (Round to the nearest cent; don't use $ sign.)