Hi, I need help with my Managerial Finance assignment please. . .

An issue of common stock's most recent dividend is $4.05. Its growth rate is 5.0%. What is its price if the market's rate of return is 9.7%? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

$96.17

$91.17

$90.48

$43.09

An issue of common stock is selling for $57.70. The year end dividend is expected to be $3.05 assuming a constant growth rate of 5%. What is the required rate of return? (Round your answer to 1 decimal place.)

10.8

10.3

9.8

12.3