Help please

Sam is evaluating a stock that is expected to pay a $1.25 per share dividend at the beginning of next year. He expects the dividend to grow by 10% per year and has determined that 12% is an appropriate required return for the stock, what is the highest amount he should pay for the stock? a. $1.25 b. $12.50 C. $15.00 d. $62.50 8 Seaside Boats currently earns $4.00 per share and has a retention ratio of 75%. It is expected to have a constant growth rate of 5 percent per year. The required rate of return is 15 percent. What is the intrinsic value of this stock? a. $10 b. $10.50 c. $40 d. $42