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#4 Suppose the risk-free rate is 2.28% and an analyst assumes a market risk premium of 6.49%. Firm A just paid a dividend of $1.30

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#4 Suppose the risk-free rate is 2.28% and an analyst assumes a market risk premium of 6.49%. Firm A just paid a dividend of $1.30 per share. The analyst estimates the of Firm A to be 1.45 and estimates the dividend growth rate to be 4.15% forever. Firm A has 272.00 million snares outstanding. Firm Bjust paid a dividend of $1.69 per share. The analyst estimates the 3 of Firm B to be 0.89 and believes that dividends will grow at 2.58% forever. Firm B has 200.00 million shares outstanding. What is the value of Firm A? Submit Answer format: Currency: Round to: 2 decimal places

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