An ordinary share pays annual dividends and is expected to pay a dividend of $5 in one year. The annual dividend will grow at 10% until the end of year 4. The growth rate then becomes 5% p.a. forever.

Calculate the following dividend.

Round your answer to the nearest cent.

The dividend payable at the end of year 3 is $Answer.

The dividend payable at the end of year 6 is $Answer.