Q1b a. Basil Pty Ltd expected its share price a year from now is $25.50. The company is expected to pay a dividend of $2.52 next year. Assume a constant growth, what is the current price of this share if the required rate of return is 14%? (round to 2 dp) (4 marks) b. Tomato Ltd is a fast-growth share and expects to grow at a constant rate of 6% for the next several years. The company paid a dividend of $4.45 last week. What is the maximum price that you would be willing to pay for this companys shares if your required rate of return was 22%? (round to 2 d.p) (3 marks)