q13)

q15)

both questions please

Bavarian Sausage is expected to pay a $1.75 dividend next year and investors expect that dividend to grow by 4% each year forever. If the required return on the stock investment is 11%, what should be the price of the stock in $ today? Bavarian Sausage is expected to pay a $2.5 dividend next year. If the required return on the stock investment is 10%, and the stock currently sells for $56.00, what is the implied dividend growth rate for this company? (Enter your answers as a decimal rounded to 4 decimal places, not a percentage. For example, enter 0.0843 instead of 8.43% )