A stock just paid a dividend of $1.41. The dividend is expected to grow at 22.11% for three years and then grow at 4.20% thereafter. The required return on the stock is 14.02%. What is the value of the stock?

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

A stock just paid a dividend of $1.85. The dividend is expected to grow at 27.48% for five years and then grow at 3.56% thereafter. The required return on the stock is 11.49%. What is the value of the stock?

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