Simtek currently pays a $3.75 dividend (D0) per share. Next yeac's dividend is expected to be s4. per share. After next yeare dividends are expected to increase at a 7 percent annual rate for 3 years and a 3 percent annual rate thereafter. Use fable 11 to answer the questions. Do not round intermediate calculations. Round your answers to the nearest cent. a. What is the current value of a share of simtek stock to an inventor who requires a 13 percent return on his or lier investenent? s) b. If the dividend in year 1 is expected to be 54 and the growth rate over the following 3 vears is sixpected to be only 5 percent and then 3 percent thereafte, what will the new stock price be? 5