1) GM has a current stock price of $92.38. If they issued a dividend of $4.56 last week, and the dividend is projected to grow at 4% what is the cost of equity capital for GM?

2) GM has a current stock price of $72.14. If they are expected to issue a dividend of $3.46 next year, and the dividend is projected to grow at 4.5% what is the cost of equity capital for GM?