***The correct answer to #1 is NOT A. The answer to #2 is C. I am lookin for an explanation as to how to get to the correct answers for both problems. Please explain calculations.

Consider the following three stocks: a. Stock A is expected to provide a dividend of $13.4 a share forever. b. Stock B is expected to pay a dividend of $6.7 next year. Thereafter, dividend growth is expected to be 4% a year forever. C. Stock C is expected to pay a dividend of $6.7 next year. Thereafter, dividend growth is expected to be 20% a year for 5 years (i.e., years 2 through 6) and zero thereafter. a. If the market capitalization rate for each stock is 12%, which stock is the most valuable? Stock A X Stock B Stock C b. If the market capitalization rate for each stock is 6%, which stock is the most valuable? Stock A Stock B Stock C