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1)A stock just paid a dividend of $1.82. The dividend is expected to grow at 24.39% for three years and then grow at 3.34% thereafter.

1)A stock just paid a dividend of $1.82. The dividend is expected to grow at 24.39% for three years and then grow at 3.34% thereafter. The required return on the stock is 13.35%. What is the value of the stock?

2) A stock just paid a dividend of $2.89. The dividend is expected to grow at 26.47% for five years and then grow at 4.73% thereafter. The required return on the stock is 10.69%. What is the value of the stock?

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