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answer both for a like! thanks! A stock recently paid a dividend of $14share. They will increase their dividend payout by 25% year in each

answer both for a like! thanks!
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A stock recently paid a dividend of $14share. They will increase their dividend payout by 25% year in each of the next 3 years. Afterwards, the dividend growth rate will increase at 4% per year, indefinitely Calculate the dividend payment in year 19 3 QUESTION 4 A stock currently has a zero growth dividend policy and recently paid $7/share. They will keep this policy for the next 15 years. Afforward, they will increase their dividend to $8/share and maintain a zero growth policy forever. R-11% Calculate the stock price

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