Aspen Bus Company next year will have cash flow to the firm of $50 million. Cash flow will grow continuously at 5% forever. The firm has $500 million in debt and 50 million shares outstanding. Using a constant growth model, if the rate of return (WACC) is 10%, then:

A. What is the value of the firm when using the constant growth model?

B. What is the value of the stock?

Answer to two decimal places.