Hi, Ok so I am stuck on 2 homework assignments. I will tell you the questions and then tell you how I attempted them at first, and I am not getting the right answers, its almost 10 PM and I am about to cry from frustration.

My first one is on growth rates and the question is as follows:

1)The stock price of Retro Co. is $76. Investors require a 14 percent rate of return on similar stocks. If the company plans to pay a dividend of $5.00 next year, the expected growth rate of the company's stock price is ____ percent

I know its present - past / past * 100. Although, I don't know understand what will be the present and the past, or how to get it. i know the present price would be 5.00, but i don't know how to get the past price out of 76$.

This next one is on non constant dividends. I have been working on this one for 3 hours and I will share what I did

2) Hetfield and Ulrich, Inc., has an odd dividend policy. The company has just paid a dividend of $13 per share and has announced that it will increase the dividend by $6 per share for each of the next 3 years, and then never pay another dividend. If you require a 15 percent return on the company's stock, you will pay $_____ per share today

Ok, for this one i tried a lot of equations. I took 13.00 (1.46) and took that answer by 1.46 and that answer by 1.47 (3 times, 3 years?) I took all of those answers, each one singly and divided it by 1.15 to the 1st, 1.15 to the 2nd and 1.15 to the 3rd then added them all up. I don't know what I am doing wrong. :( please help me