2. Norman Osborn, the founder of Oscorp, had a vision of creating a corporation which steadily grows at 5.5% perpetually. Analysts expect Oscorp to pay $4.2 dividend a year from today. The required rate of return from Oscorp shares is 14%. + a. Calculate the stock price of Oscorp. (5 Marks) b. Norman Osborn has been informed by his scientists that they are close to reaching a breakthrough in robotics which will double their annual growth rates in the future. If their dividend grows at the current rate (5.5%) for the next three years (i.e., years 2-4) and the new growth rate is applicable after that, what will be the new stock price of Oscorp? (Note: Oscorps next year dividend is $4.2 and the required rate of return is 14%)