Problem 1 A company currently pays a dividend of $15, which is expected to grow' indefinitely at 8%. The current share value of this firm based on the constant-growth dividend discount model is $120. a. [1pt] what is the required rate of return? b. pt what is the share value if firm has no growth? c. [1pt what is the present value of growth opportunities? Problem 2 [2pts] Atthe end of 2019. a firm expects to dividen at the end of each year as following 2020 2021 2022 2023 $20 $25 $30 $35 After 2023, the frm forecasts that the dividend payment will grow by 4% per year indefinitely. What is the intrinsic value of the firm's share if its required rate of return is 20%