Ask three questions about Financial Management, thank you for the helps

QUESTION 1

1. TLF Co. has just paid a dividend of $2.00. It is expected that dividends will grow by 4% indefinitely. Assuming a discount rate of 12%, what is the current price of TLF Co?

   $33.33

   $15.30

   $26.00

   $17.33

QUESTION 2

1. HaydenLtdintendstomakeitsfirstdividendpayment4years(s)fromnow.Itthenintendstopaydividendsannuallythereafter.Thecompanyhasannounceditexpectsthefirstthreedividendstoallbeofthemagnitudeofaround5centspershare.Subsequentdividendswillthenbepaidoutatasetrateof50%ofearnings.Yourearningsforecastsforthiscomingyearsuggestthat$0.20EarningsperShare(EPS)isthemostlikelyoutcome.YouarethenforecastingEPSgrowthofaround3.6%p.a.inperpetuity.WhatwouldbeyourvaluationofHaydenLtd'sshares,givenyourequirea15%p.a.return? StateyouranswerindollarstoTHREEdecimalplaces.
2. QUESTION3

3. PWW LTD has just paid a dividend of $2.50. Next year's dividend is expected to be 10% higher and remain at this level indefinitely. Assuming a shareholders require a rate of return of 15%, what is the price of stock today?

   $16.67

   $12.75

   $18.33

   $55.00