Write the given Assignment:

1.You won a lottery with a prize of $100,000. There are two payment options:
A. Ten consecutive annual payments of $10,000 each with the first payment made in one year.
B. One immediate lump-sum payment of $50,000.

Suppose that these two options are indifferent to you. What is your required rate of return per annum?

I need a % number for problem 1.

2. The stock of a company is selling at $15 per share. Suppose that this company just paid a dividend of %0.50 per share and the dividend is supposed to grow at a constant annual rate indefinitely. If the market requires an annual return of 12% for this stock, what is the growth rate of its dividend?