Please show COMPLETE working including formulas used, no shortcuts please as I am confused with how to get the answer. Thanks

a)

b)

A company has just paid its first dividend of $0.40. Next year's dividend is forecast to grow by 15 percent, followed by another 15 per cent growth in year two. From year three onwards dividends are expected to grow by 3 percent per annum, indefinitely. Investors require a rate of return of 12 percent for investments of this type. The current price of the share is: (round to nearest cent