1. During the previous four years TATA Company common stock dividends have grown from $ 1.00 ( Year 0) to 1.36 ( year 1) per share. Determine the annual compound dividend growth over the 4 years period. Hint:You may refer to the compound value technique you have now known before.

1. Determine the current value of a share of TATA stock to a investor who plans to hold it for 5 years, assuming that the stock price increases at the same rate as the dividends.he investor's required rate of return is 12 percent