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please answer both questions What is the estimated current price of a share of ABC Company stock based on the Dividend Discount Model? The annual

please answer both questions
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What is the estimated current price of a share of ABC Company stock based on the Dividend Discount Model? The annual required rate of return is 11.7%. ABC just paid their annual dividend of $2.06 a share and the expected growth rate of the dividend is 4.1% per year. Answer to the nearest penny. Answer: A stock just paid an annual dividend of $2.01 per share. The expected growth rate of the dividend is 16.8%. The required rate of return for the stock is 21.48% per annum. Based on the Dividend Discount Model, what is the expected dividend yield for the stock for the coming year? Answer as a percentage. 2 decimal places (e.9. 12.34% as 12.34 )

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