Please make the answer clear and simple

i) Suppose you are thinking of purchasing the stock of ABC, Inc. and you expect it to pay a $2 dividend in one year from now, and dividend of $2.40 in two year from now and you believe that you can sell the stock for $13.50 at the end of year 2. If you require a return of 10% on investments of this risk, what is the intrinsic value of the stock at current year? 3 ii)MM Corporation (MMC) will pay a year-end dividend of $4, and dividends thereafter are expected to grow at 4% per year. The risk-free rate is 5%, and the expected return on the market portfolio is 10%. The stock has a beta of 0.75. What is the intrinsic value of the MMC stock? (3 points)