A. A stock just paid a dividend of $1.09. The dividend is expected to grow at 24.70% for three years and then grow at 3.90% thereafter. The required return on the stock is 12.51%. What is the value of the stock? Answer format: Currency: Round to: 2 decimal places.

B. A stock just paid a dividend of $1.93. The dividend is expected to grow at 27.96% for five years and then grow at 4.98% thereafter. The required return on the stock is 10.86%. What is the value of the stock? Answer format: Currency: Round to: 2 decimal places.