I have multiple questions in Finance I need someone to do it.

the qusestions is gonna be similar to these questions.

Arts and Crafts, Inc., will pay a dividend of $6 per share in 1 year. It sells at $60 a share, and firms in the same industry provide an expected rate of return of 15%. What must be the expected growth rate of the company’s dividends? 

Gentleman Gym just paid its annual dividend of $3 per share, and it is widely expected that the dividend will increase by 5% per year indefinitely.

 

a.

What price should the stock sell at if the discount rate is 12%