please answer part 2

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Part II - Stock Valuation Q1: Firm A just paid a dividend of $1.95 per share on its stock. The dividends are expected to grow at a constant rate of 4.5 percent per year, indefinitely. If investors require a return of 11 percent on the stock, what is the current price? What will the price be in three years? In 15 years? Hint: P = D. *(1 + g)/(R-g) Q2: Firm A is expected to pay equal dividends annually at the end of each of the next two years. Thereafter, the dividend will grow at a constant annual rate of 4 percent, forever. The current stock price is $53. What is next year's dividend payment if the required rate of return is 11 percent