GCC just paid a dividend today of $$0\mathrm{.}75($this is D$0).$ It expects to continue to grow at $6\%$ per year indefinitely.

What is the price of the stock if you have a $7\%$ required return? $(4$ points$)$

What will the price of the stock be in $4$ years $($use the same assumptions$)?(3$ points$)$