1. CJ Corporation, a small printing company, from 2017 through 2020 paid the following per-share dividends on its common stock:

Year------------Dividend Per Share

2017------------$ 12.5

2018------------$ 13.7

2019------------$ 14.2

2020------------$ 15.0

Assume the required rate of return for this stock is 8%.

Question 1: What is the expected growth rate (g) of CJ Corporation's dividend-

(Note: write the final answer in percentage form)

Question 2: What is the value or price of CJ Coporation's common stock-