please answer both!

9. Oscar Airlines has 115 million shares outstanding and expects earnings at the end of this year of $370 million. Oscar Air plans to pay out 40% of its earnings as a dividend and 20% of its earnings through share repurchases. The firm has an equity cost of capital of 8%. If Oscar Air's earnings are expected to grow by 3% per year and these payout rates remain constant, what is the firm's share price? (5 marks) 10. Assume that the industry average market-to-book ratio for the car industry is 3. Estimate the fair value of Madi Corp based on the industry average multiple and the data supplied below. (5 marks) Data: Shares outstanding: 487,000,000: Equity: $9,087,000,000; Price: $75; Debt: $445,000,000