A stock is expected to pay a dividend of $7.6 at the end of this year (this is Div1), and it should continue to grow at a constant rate of 3.85% per year forever. If its required return is 11.99%, the stock's price today should be $______________.

Do not round any intermediate work, but round your final answer to 2 decimal places

A stock paid a dividend of $9.85 at the end of this year (this is Div0), and it should continue to grow at a constant rate of 7.44% per year forever. If its required return is 11.46%, the stock's price today should be $______________.

Do not round any intermediate work, but round your final answer to 2 decimal places