please if you can help me with both, it would help alot

Michigan Mining Co.'s ore reserves are declining so its sales and profits are falling. As a result, the company's dividends are being reduced each year at a constant rate of 5%. If the most recent dividend paid was $3.02 and the required return on their common stock is 6%, what is the value of their stock today? $10.93 (B) $12.69 (C) $15.23 (D) $21.83 (E) $26.08 Iris inc.'s stock currently sells for $56.00 a share. It just paid a dividend of $2.98 a share. This dividend is expected to grow at a constant rate of 6% a year. The required return on the company's common stock is 11.63%. What is the expected stock price 1 year from now? $59.47 $60.95 $62.00 (D) $63.07 (E) $65.90