A: Smart industries will pay $3 dividend per share in year 1, $5 dividend per share in year 2, $6 per-share in year 3, and $6.5 in year 4, and then it grows at a constant rate of 3.3% of thereafter. The required return on this low risk stock is 10.7% what is the best estimate of the stock at year 6? (if your price is $12.34 please just enter 12.34.)

B: Smart industries recent dividend was $3 (D0 = $3) per share and that dividend is expected to grow at a constant rate of 4.9% per year in the future. The companies beta is 1.7 and the market risk premium is 5.1% and the risk-free rate is 4%. what is the companys stock price 4 years later? (if your price is $12.34 please just enter 12.34.)