Facebook has gone public by issuing equity. As an analyst for a bank, you've estimated that the company will have a Beta of 1.2. You know that Facebook just gave a dividend of $4.00 per share. You anticipate the dividend to grow at a rate of 10% per year. The risk-free rate is 2% and the average return of the market is 13%. Expected Return= $15.20

What is the expected price TODAY of Facebooks stock?

In two years, you anticipate Facebook to have a price of $_______ per share.