Pls explain how to get answer without excel

0 / 1 point Question 6 You have been asked to value ABC's common stock. The stock just paid a dividend of $5.05. Dividends are paid annually. The dividend is expected to growth by 34.0% per year for the next 2 years. Thereafter the dividends will increase by 5.8% per year. The required rate of return is 13.1% compounded annually. What is the price of the stock today? Your answer should be accurate to two decimal places. Answer: (115.81) Question 7 0 / 1 point ABC Inc has an outstanding preferred share. The preferred share just paid a dividend of $3.09. Dividends are paid quarterly. The price of stock today is $52.26. What is the effective annual rate of return? Your answer should be shown as a percentage and it should be accurate to two decimal places. Answer: x (25.83)