2nd and 3rd part

The Starr Co. just paid a dividend of $110 per share on its stock. The dividends are expected to grow at a constant rate of 5 percent per year, indefinitely, Investors require an 11 percent return on the stock (Do not round intermediate calculations, Round the final answers to 2 decimal places. Omit 5 sign in your response.) What is the current price? Current price $ 19:25 What will the price be in three years? Stock price $ What will the price be in 14 years? 14.07 Stock price $ Universal Laser Inc just paid a dividend of $3.00 on its stock. The growth rate in dividends is expected to be a constant 4 percent per year, indefinitely. Investors require a 11 percent return on the stock for the first three years a 9 percent return for the next three years, and then an 7 percent return thereafter What is the current share price for the stock? (Do not round intermediate calculations and round the final answer to 2 decimal places. Omit S sign in your response.) Current share price