please do not use excel to compute

1)Firm B is growing quickly. Dividendsare expected to grow at a 25 percentrate for the next three years, with the growth rate falling off to a constant 7 percentthereafter. The required returnis 13 percentand the company just paida dividend of $4.00on its stock.

a)What is the dividend at year 4?

b)What is the stock price at year 3?

c)Figure out the current stock pricebased on both the stock price at year 3 and dividends at year 1 through 3?