A stock just paid a dividend of $$1\mathrm{.}95.$ The dividend is expected to grow at $23\mathrm{.}55\%$ for three years and then grow at $3\mathrm{.}98\%$ thereafter. The required return on the stock is $11\mathrm{.}43\%.$ What is the value of the stock?

Answer format: Currency: Round to: $2$ decimal places.

#$4$

A stock just paid a dividend of $$2\mathrm{.}29.$ The dividend is expected to grow at $27\mathrm{.}19\%$ for five years and then grow at $3\mathrm{.}21\%$ thereafter. The required return on the stock is $14\mathrm{.}13\%.$ What is the value of the stock?

Answer format: Currency: Round to: $2$ decimal places.