7 & 8 please

Question 7 2 pts A stock's dividend in 1 year is expected to be $2.4. The dividend is expected to remain the same indefinitely. The stock's required return is 9%. The estimated value of the stock today is $_ Do not round any intermediate work, but round your final answer to 2 decimal places (ex: $12.34567 should be entered as 12.35). Margin of error for correct responses: +/-.05. D Question 8 2 pts A stock will pay no dividends for the next 3 years. Four years from now, the stock is expected to pay its first dividend in the amount of $1.9. It is expected to pay a dividend of $2.8 exactly five years from now. The dividend is expected to grow at a rate of 6% per year forever after that point. The required return on the stock is 13%. The stock's estimated price per share exactly TWO years from now, P2, should be $____ Do not round any intermediate work, but round your final answer to 2 decimal places (ex: $12.34567 should be entered as 12.35). Margin of error for correct responses: +/- 10