I am kindly asking for you to urgently respond to both questions please . Greatly appreciate your required effort.

Thank you in advance.

A. An optimistic forecast for Aluminum demand implies dividends per share for Noranda Bauxite for the next 5 years of: $0 (2021), \$0.05 (2022), \$0.07 (2023), \$0.1 (2024), \$0.1 (2025). Due to retired plants in the on the South Coast and tougher regulations with Bauxite Mining in the Cockpit Country you expect a shrinking market from then onwards with falling dividends at 8% p.a. The costs of equity are 10%. What is the fair value of Noranda Bauxite Company? (7 marks)