A stock just paid a dividend of $1.17. The dividend is expected to grow at 21.41% for three years and then grow at 4.10% thereafter. The required return on the stock is 14.60%. What is the value of the stock?

A stock just paid a dividend of $1.81. The dividend is expected to grow at 24.24% for five years and then grow at 3.81% thereafter. The required return on the stock is 12.06%. What is the value of the stock?