$1.$ Constant Dividend Growth Valuation

Boehm Incorporated is expected to pay a $$3\mathrm{.}20$ per share dividend at the end of this year $($i$.$e$.,$ D$1=$ $$3\mathrm{.}20).$ The dividend is expected to grow at a constant rate of $10\%$ a year. The required rate of return on the stock, rs$,$ is $15\%.$ What is the estimated value per share of Boehm's stock? Do not round intermediate calculations. Round your answer to the nearest cent.

$2.$ Declining FCF Growth Valuation

Brushy Mountain Mining Company's coal reserves are being depleted, so its sales are falling. Also, environmental costs increase each year, so its costs are rising. As a result, the company's free cash flows are declining at the constant rate of $4\%$ per year. If its current free cash flow $($FCF$0)$ is $$5$ million and its weighted average cost of capital $($WACC$)$ is $14\%,$ what is the estimated value of Brushy Mountain's value of operations? Do not round intermediate calculations. Enter your answer in millions. For example, an answer of $$1$ million should be entered as $1,$ not $1,000,000.$ Round your answer to two decimal places.

$3.$ Nonconstant Dividend Growth Valuation

A company currently pays a dividend of $$2$ per share $($D$0=$ $$2).$ It is estimated that the company's dividend will grow at a rate of $19\%$ per year for the next $2$ years, and then at a constant rate of $7\%$ thereafter. The company's stock has a beta of $1\mathrm{.}1,$ the risk$-$free rate is $9\mathrm{.}5\%,$ and the market risk premium is $4\mathrm{.}5\%.$ What is your estimate of the stock's current price? Do not round intermediate calculations. Round your answer to the nearest cent.