1. FIA Industries just paid a dividend of $4.8 a share (i.e., D₀ = 4.8 ). The dividend is expected to grow 9% a year forever. What is the expected dividend per share for year 5 (i.e., D ₅ )? Round your answers to two decimal places.

2,Columbus Incorporated just paid $4.4 per share dividend yesterday (i.e.,D₀). The dividend is expected to grow at a constant rate of 6% a year. The required rate of return on the stock, r, is 14%. What is the value per share of the company's stock? Round your answer to two decimal places.