Consider Pacific Energy Company and U.S. Bluechips, Inc., Pacific Energy Company is expected to generate total earnings of $2.4 million at the end of the year. Pacific Energy Company pays out 25% earnings as dividends and has 120,000 shares outstanding. The required market rate of return on Pacific Energy Company is 14%, whereas their return on equity (ROE) has averaged 18%. U.S. Bluechips, Inc. is expected to generate total earnings of $2.8 million at the end of the year and has 140,000 shares outstanding. U.S. Bluechips, Inc. retains 5% of its earnings and has a ROE of 10% and a required market rate of return of 12% respectively. Both firms reinvest their contributions to retained earnings annually at their respective ROE's. Assume ROE is a reliable estimate for return on retained earnings. (1) Calculate the current stock prices for both Pacific Energy Company and U.S. Bluechips, Inc. using the dividend growth model. (2) Calculate the current stock prices for both Pacific Energy Company and U.S. Bluechips, Inc. using the NPVGO model