1. Each quarter, a company pays a dividend on its perpetual preference share. Today, the share is selling at $19.82. If the required rate of return for such shares is 9.6 percent p.a. compounding quarterly, what is the quarterly dividend paid by this company? (to the nearest cent; don't include $ sign) 2. ABC Limited will pay a $2.09 dividend next year (t=1) on its ordinary shares. The shares are currently selling at $98.14 per share. What is the market's required return on this investment if the dividend is expected to grow at 4% forever? (as a percentage to nearest two decimal places; don't use % sign)