a. A stock just paid a dividend of $2.16. The dividend is expected to grow at 23.59% for three years and then grow at 4.57% thereafter. The required return on the stock is 11.00%. What is the value of the stock?

b. A stock just paid a dividend of $2.60. The dividend is expected to grow at 23.86% for five years and then grow at 4.37% thereafter. The required return on the stock is 13.97%. What is the value of the stock?