A stock just paid a dividend this morning of $1.39. Dividends are expected to grow at 11.00% for the next two years. After year 2, dividends are expected to grow at 8.32% for the following three years. At that point, dividends are expected to grow at a rate of 5.00% forever. If investors require a return of 14.00% to own the stock, what is its intrinsic value? Answer format: Currency: Round to: 2 decimal places. An analyst has been following American Dream stock. He projects the following dividends for the next three years: The analyst notes that American Dream stock has a required return of 10.46%. The analyst projects that dividends will grow at a constant rate of 4.00% por year after year 3 . What is the projected selling price for the stock at the end of year 3 ? Answer format: Currency: Round to: 2 decimal places. An analyst has been following American Dream stock. He projects the following dividends for the next three years: The analyst notes that American Dream stock has a required return of 10.46%. The analyst projects that dividends will grow at a constant rate of 4.00% per year after year 3 . What is the current price of the stock if his assumptions are correct? Answer format: Currency: Round to: 2 decimal places