please answer both

McCracken Roofing, Inc., common stock paid a dividend of $1.20 last year. The company expects earnings and dividends to grow at a rate of 5% per year for the foreseeable future. If the required return on this stock is 10 % what is the price per share? $25.20 Ob. $24.00 O c. $12.00 Od. $18.40 $12.60 Oe. TXS Manufacturing has an outstanding preferred stock issue with a par value of $50. The preferred shares pay dividends annually at a rate of 10%, and the price per share today of the preferred stock is $60 per share. If investors require an annual return of 8 % on similar preferred stock, what is the theoretically predicted price of preferred stock? Oa. $75.00 Ob. $65 Oc. $62.50 Od $58 e $50