1.) A stock just paid a dividend of $1.10. The dividend is expected to grow at 25.83% for two years and then grow at 3.63% thereafter. The required return on the stock is 13.53%. What is the value of the stock?

2.)The market price of a stock is $24.28 and it just paid a dividend of $1.46. The required rate of return is 11.44%. What is the expected growth rate of the dividend?