Question 12 25 points Ares and Tangles paid an annual dividend of $1.47 a share ait month. The company is planning on in 51,52,51.53 and 51.00 share over the next three years, wely Aher that, the dividend will be constant 51.63 por share per year. What is the market price of this stock if the market rate ofre 142 percent? (Do not found intermediate calculations and round your answer to 2 decimal places...32.16) Question 19 25 points The current dividend yield on Ci's common stockis 1.72 percent. The company just paid an annual chuidend of $1.56 and announced plans to pay $1.70 next year. The dividend growth rate is upected to remain constant at the current level. What is the required rate of return on this stock? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, .g. 32.16