1)PDQ Corporation is forecast to have total earnings of $1.0 billion next year and to pay out a total of 20.0% of these earnings to shareholders in the form of share repurchases and dividends. PDQ Corporation has 100.0 million shares outstanding. Its earnings are forecast to grow at a rate of 4.0% constantly. The stock's required rate of return is 10.0%. What is the value of a share today? Answer in dollars and round to the nearest cent.

2)Compute the internal rate of return for the following cash flows: Period 0: -1900 Period 1: 1100 Period 2: 800 Period 3: 500 Enter your answer in percent and round to the nearest 0.01.