Please show your explanation for both using a TVM calculator!

33. Terrier Nation Inc. is expected to have earnings per share next year (year 1) of $20, which are expected to grow at 16%. They are planning to pay a dividend of $5 at the end of Year 4 (they do not expect to pay dividends in years 1, 2 and 3) and expect the growth rate to slow to 9%. After year 4, the dividend payout ratio and growth rate are expected to remain unchanged. If Terrier Nation's equity cost of capital is 18%, what should the price of Terrier Nation's stock be today? A) $55.56 B) $28.65 C) $33.81 D) $39.55 34. Escape to the Sun Tours (E2ST) stock price is expected to be $89 4 years from today immediately after paying a dividend of $5. If its equity cost of capital is 14%, what price would you expect to pay for the stock today? A) $52.70 B) $63.45 C) $55.66 D) $60.07