can you answer both questions and show work for both please and thank you

3. You expect Stock X to pay dividends according to the schedule below. If you hold Stock X for seven years and expect to sell it at that time for $500, and if your opportunity cost of capital is 8%, what is the most that you are willing to pay for the stock? Year 1234567 Dividend ($) 3.50 3.55 3.60 3.61 3.62 3.65 3.65 4. You expect Stock Y to pay a dividend of $4 next year. You also require a 12% return on the stock and expect the dividend to grow at 3% per year indefinitely. What is the most that you are willing to pay for the stock