please answer A and B

Question Help Maynard Steel plans to pay a dividend of $3.06 this year. The company has an expected earnings growth rate of 3.6% per year and an equity cost of capital of 10.7% a. Assuming that Maynard's dividend payout rate and expected growth rate remain constant, and that the firm does not issue or repurchase shares, estimvite Maynard's share price b. Suppose Maynard decides to pay a dividend of $1.07this year and use the remaining $1.99 per share to repurchase shares. It Maynard's total payout rate romans constant, estimate Maynards share price. a. Assuming that Maynard's dividend payout rate and expected growth rate romain constant, and that the firm does not issue or repurchase shares, estimate Maynard's share price Maynard's share price will be $ (Round to the nearest cent)