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fQ5a. Calculate annual growth rates of dividends for ANZ (JANZ) and for WOW (gwow) using the formula (It = DI- 1 Dt- 1 ) and

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\fQ5a. Calculate annual growth rates of dividends for ANZ (JANZ) and for WOW (gwow) using the formula (It = DI- 1 Dt- 1 ) and the average annual growth rate for ANZ and WOW. Note: provide final answer in 4 decimal places (2 marks) Q5b. Assume constant growth model holds. The effective annualised return of ANZ and WOW are 11.70% and 3.89% respectively. Find the share price of ANZ and WOW at time 2020 if the average growth rate is expected to decline for ANZ but increase for WOW from time 2020 onwards infinitely. Note: provide final answer in 4 decimal places

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