(b) Asia Ltd has just paid an annual dividend of 0.50 per share. The required rate of return is 8% p.a. (i) If this level of dividend payment is expected to be constant into the future what is the intrinsic value (or fair price) of the share? (ii) If the next dividend payment in one years time is expected to be 4% higher than the last, and if this rate of dividend growth is expected to be maintained over time, what is the intrinsic value of the share