1) ABC. Inc is expected to pay a dividend of $22.15 per share. The dividends are expected to increase by 5% each year. The required rate of return on the stock is 23%. What is the stock's expected price 11 years from today (i.e., what is P₁₁)?

2) Suppose a company is expected to pay a dividend of $14.95 next year. The dividend is expected to grow at 5.9% each year. If the stock is currently selling for $90.99, what is the required rate of return on the stock?

please answer both questions fully