help explainin step by step so i can do it by myslef

This test allows 2 attempts. This is attempt number 1. ltiple empts mpletion This test can be saved and resumed later. uestion Completion Status: QUESTION 1 Company A sells for a price of $36.07 in a year from now and is expected to pay a $2.5 dividend in one year. The equity cost of capital is 12.44%. What price would you be able to pay for this stock in order to receive that return? NOTE: Enter the number rounding to two decimals. If your answer is $5.6786, your answer must be 5.68. QUESTION 2 Company C pays a dividend of $6.78 per share and is expected to pay this amount indefinitely. The equity cost of capital is 9.7%. What should the price of the stock be? NOTE: Enter the number rounding to two decimals. If your answer is $5.6786, your answer must be 5.68