A.) Xytex Products just paid a dividend of $2.32 per share, and the stock currently sells for $57. If the discount rate is 11 percent, what is the dividend growth rate? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

B.)

Star Light & Power increases its dividend 4 percent per year every year. This utility is valued using a discount rate of 11 percent, and the stock currently sells for $40 per share. If you buy a share of stock today and hold on to it for at least three years, what do you expect the value of your dividend check to be three years from today? (Do not round intermediate calculations. Round your answer to 2 decimal places.)