Use a formula or a financial calculator to get the answers and please show the steps

Save Anwer Question 14 1 points ABC corp just paid a $3.10 annual dividend. The company has a policy of increasing the dividend by 3.8 percent annually. You would like to purchase 100 shares of stock in this firm but realize that you will not have the funds to do so for another four years. If you require a 16 percent rate of return, how much will you be willing to pay per share for the 100 shares when you can afford to make this investment? 529 50 $30.62 $31.78 $32.4) $31.12 Question 15 1 points Save Anom ABC Corp is a now firm in a rapidly growing industry. The company is planning on increasing its annual dividend by 15 percent a year for the next years and then decreasing the growth rate to 3.5 percent per year. The company just paid is annual dividend in the amount of 50.20 per share. What is the current value of one share of this stock if the required rate of return is 15.5 percent $2.71 $2.49 12.04 53.05 51.82