A. Suppose the risk-free rate is 3.61% and an analyst assumes a market risk premium of 6.60%. Firm A just paid a dividend of $1.32 per share. The analyst estimates the of Firm A to be 1.43 and estimates the dividend growth rate to be 4.08% forever. Firm A has 253.00 million shares outstanding. Firm B just paid a dividend of $1.99 per share. The analyst estimates the of Firm B to be 0.79 and believes that dividends will grow at 2.88% forever. Firm B has 180.00 million shares outstanding. What is the value of Firm A?

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

B. Suppose the risk-free rate is 3.69% and an analyst assumes a market risk premium of 7.88%. Firm A just paid a dividend of $1.45 per share. The analyst estimates the of Firm A to be 1.34 and estimates the dividend growth rate to be 4.22% forever. Firm A has 285.00 million shares outstanding. Firm B just paid a dividend of $1.90 per share. The analyst estimates the of Firm B to be 0.83 and believes that dividends will grow at 2.79% forever. Firm B has 196.00 million shares outstanding. What is the value of Firm B?

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

C. The risk-free rate is 2.51% and the market risk premium is 5.73%. A stock with a of 1.25 just paid a dividend of $1.55. The dividend is expected to grow at 24.80% for three years and then grow at 3.94% forever. What is the value of the stock?

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

D. The risk-free rate is 2.15% and the market risk premium is 5.95%. A stock with a of 1.07 just paid a dividend of $1.72. The dividend is expected to grow at 24.31% for five years and then grow at 4.95% forever. What is the value of the stock?

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

E. Caspian Sea Drinks needs to raise $52.00 million by issuing additional shares of stock. If the market estimates CSD will pay a dividend of $2.93 next year, which will grow at 4.13% forever and the cost of equity to be 10.03%, then how many shares of stock must CSD sell?

Answer format: Number: Round to: 0 decimal places.