1.Compute the intrinsic value of a common share given the following information: The Beasley Corporation has just paid a dividend of $2.05 per share. The required rate of return is 9.7 percent per year and dividends are expected to grow indefinitely at a constant rate of 7.2 percent per year.

(Enter your answer as a number rounded to two decimal places, like this: 12.34)

2.Using a two-stage dividend discount model, compute the intrinsic value using the following information about a stock:

Current price per share = 21.97

Current annual dividend per share = 1.60

Annual dividend growth rate for Years 14 = 8.00%

Annual dividend growth rate for Years 5+ = 4.00%

Required rate of return = 10.00%

(Enter your answer as a number with two decimal places, like this: 12.34)