exercice 10 and 11 please show steps

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10. Constant-growth DCF model* Company Z's earnings and dividends per share are expected to grow indefinitely by 5% a year. If next year's dividend is $10 and the market capitalization rate is 8%, what is the current stock price? 11. Constant-growth DCF model Consider three investors: Page 103 a. Mr. Single invests for one year. b. Ms. Double invests for two years. c. Mrs. Triple invests for three years. Assume each invests in company Z (see Problem 10). Show that each expects to earn a rate of return of 8% per year