Bull Dog Pretzels will pay an annual dividend of $0.95 one year from now. Analysts expectthis dividend to grow at 6% per year for three years. Thereafter, growth will slow down to2% per year and remain there for the foreseeable future.a. What dividend will the company pay in each of the first 5 years?b. According to the dividend discount model, what is the value of a share of Bull DogPretzels stock today if the firms cost of equity capital is 9.0%