1. Giggle Inc. pays no dividends now. An analyst expects that Giggle will pay the following . dividends per share beginning in 2022: Year 2022 2023 2024 2025 Dividends $10 $15 $25 $35 After 2025 dividends will grow annually by 5 percent forever. If investors expect a 15 percent annual return, can you find the value of one Giggle common share at the end of 2021? 2. You win a 5-year contract to be the sole supplier of hardware to a business. You project the following cash flows for the next 5 years: 1 -$10,000 2 $20,000 3 $25,000 $35,000 $45,000 Assuming a 7% required rate, what is the fair value of this contract now? Is this contract value enhancing if you pay $71,000 for the contract