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4. Suppose the risk-free rate is 1.91% and an analyst assumes a market risk premium of 7.87%. Firm A just paid a dividend of $1.50

4. Suppose the risk-free rate is 1.91% and an analyst assumes a market risk premium of 7.87%. Firm A just paid a dividend of $1.50 per share. The analyst estimates the of Firm A to be 1.48 and estimates the dividend growth rate to be 4.02% forever. Firm A has 280 million shares outstanding. Firm B just paid a dividend of $1.80 per share. The analyst estimates the of Firm B to be 0.79 and believes that dividends will grow at 2.52% forever. Firm B has 187.00 million shares outstanding. What is the value of Firm A? Currency: Round to: 2 decimal places.

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