Tattletale News Corporation has been growing at a rate of 20% per year, and you expect this growth rate in earnings and dividends to continue for another 3 years. If the last dividend paid was $12, what will the next dividend be? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. If the discount rate is 25% and the steady growth rate after 3 years is 3%, what should the stock price be today? Note: Do not round intermediate calculations. Round your answer to 2 decimal places.

Answer to part a is 14.40

NEED PART B