1. Hustle Inc. plans on increasing its annual dividend by 10% a year for the next 10 years and then decreasing the growth rate to 5% per year. The company just paid its annual dividend in the amount of $.60 per share. What is the current value of one share of this stock if the required rate of return is 18%?

2. Hustle inc. is expected to pay a dividend of $4 and $3 over the next two years, respectively. After that, the company is expected to increase its annual dividend at 2%. What is the stock price today if the required return is 12%?