A&L Resources just paid a dividend of $1, but is suspending its dividend payments. It plans to start paying a $1 dividend in year 4, and will pay a $1.20 dividend in year 5 when dividends will start growing at 3.5% and r = 10%. What is the price of the stock today? J&S Inc. just paid a $1.50 dividend which is expected to increase $.25 per share per year for the next 5 years. You plan to sell the stock in year 3 at an estimated price of $25 per share. What is the stock worth today (r = 8%)