A stock just paid a dividend of $2.26. The dividend is expected to grow at 27.43% for two years and then grow at 3.54% thereafter. The required return on the stock is 11.55%. What is the value of the stock? Submit Answer format: Currency: Round to: 2 decimal places. The risk-free rate is 3.89% and the market risk premium is 8.59%. A stock with a B of 0.87 just paid a dividend of $1.10. The dividend is expected to grow at 23.16% for three years and then grow at 4.23% forever. What is the value of the stock? Submit Answer format: Currency: Round to: 2 decimal places.