You have received information about two different shares, BB Ltd and HB Ltd. You have no idea what the price of either share is, but you have been told that they currently have the same price. However, other than that, the two shares are quite different. BB Ltd share is a preference share paying a dividend of $1.50 p.a. and having a required rate on equity of 7% p.a. compounded semi-annually. HB Ltd has variable dividends, with the next dividend to be paid in a year being $0.50. After this, the dividend (from year 2 onwards) will grow at a constant rate, g. The required rate of equity on HB Ltd is 5% p.a. compounded quarterly. Given the above information, find: a. The growth rate of HB Ltd. (7 marks) b. The share price for both BB Ltd and HB Ltd. (1 mark)