A stock just paid a dividend of $1.91. The dividend is expected to grow at 22.77% for three years and then grow at 3.86% thereafter. The required return on the stock is 11.27%. What is the value of the stock?

A stock just paid a dividend of $1.09. The dividend is expected to grow at 21.16% for five years and then grow at 4.17% thereafter. The required return on the stock is 13.12%. What is the value of the stock?