1.You expect a common stock to pay fixed dividends of $15 per year for the next 10 years. You also expect the price of this stock in year 10 to be $100. This stock is moderately risky and you require a rate of return of k = 0.15 from this stock. This means you are willing to pay dollars for it today.

2.You expect a common stock to pay fixed dividends of $15 for 100 the next years . You also expect the price of this stock in year 100 to be $100. This stock is somewhat risky and you require a rate of return of k = 0.25 from this stock. According to the Gordon formula, you are willing to pay dollars for it today.

Please help me with these two questions!! Thanks!

You expect a common stock to pay fixed dividends of $15 per year for the next 10 years. You also expect the price of this stock in year 10 to be $100. This stock is moderately risky and you require a rate of return of k = 0.15 from this stock. This means you are willing to pay 61.80 dollars for it today. You expect a common stock to pay fixed dividends of $15 for 100 the next years. You also expect the price of this stock in year 100 to be $100. This stock is somewhat risky and you require a rate of return of k = 0.25 from this stock. According to the Gordon formula, you are willing to pay dollars for it today