I have 2 questions that I need help with. 1.Problem 8-15 Value of Dividends and Future Price (LG8-5) A firm is expected to pay a dividend of $2.45 next year and $2.60 the following year. Financial...

I have 2 questions that I need help with.

1.Problem 8-15 Value of Dividends and Future Price (LG8-5)

A firm is expected to pay a dividend of $2.45 next year and $2.60 the following year. Financial analysts believe the stock will be at their price target of $95 in two years.

Compute the value of this stock with a required return of 12.4 percent.(Do not round intermediate calculations. Round your answer to 2 decimal places.)

2.

Problem 8-17 Dividend Growth (LG8-5)

Annual dividends of ATTA Corp grew from $0.82 in 2005 to $1.31 in 2017.

What was the annual growth rate?(Round your answer to 2 decimal places.)