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#2 The risk-free rate is 1.63% and the market risk premium is 8.28%. A stock with a of 0.96 just paid a dividend of $1.30.

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The risk-free rate is 1.63% and the market risk premium is 8.28%. A stock with a of 0.96 just paid a dividend of $1.30. The dividend is expected to grow at 20.12% for three years and then grow at 3.51% forever. What is the value of the stock?
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Answer format: Currency: Round to: 2 decimal places.
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The risk-free rate is 1.30% and the market risk premium is 9.13%. A stock with a of 1.23 just paid a dividend of $2.17. The dividend is expected to grow at 20.39% for five years and then grow at 3.41% forever. What is the value of the stock?
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Answer format: Currency: Round to: 2 decimal places.

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