1) The risk-free rate is 1.62% and the market risk premium is 6.77%. A stock with a of 1.47 just paid a dividend of $1.55. The dividend is expected to grow at 23.35% for three years and then grow at 4.45% forever. What is the value of the stock?

2) A stock just paid a dividend of $1.66. The dividend is expected to grow at 24.74% for three years and then grow at 4.39% thereafter. The required return on the stock is 10.83%. What is the value of the stock?