a) Company A declares an annual dividend of $10 a share, starting one year from now. In 5 years, the stock is expected to sell at $100. If the market capitalization rate is 10%, what is the current stock price?

b) Company Bs dividends per share are expected to grow indefinitely by 2% a year. If it just paid a dividend of $10 and the market capitalization rate is 15%, what is the expected price in 5 years?