Hi. its for question B only.

Talkie is a company that has a patent right for a new mobile technology that is expected to enable it to generate growth of 20% for next three years. From the beginning of year 4 , the company expects to grow at a constant rate of 5%. The company just paid a dividend of $2.20 on 31 Dec of Year 0. (a) Compute the estimate of the current price of Talkie shares. Assume the required return on equity is 10%. (10 marks) The realized return of Talkie share and Stock M for the past 5 years are detailed below: (b) Compute the arithmetic mean and standard deviation of returns over the past 5 years for each stock