FIA Industries just paid a dividend of $ 2.9 a share (i.e., D₀ = 2.9 ). The dividend is expected to grow 9 % a year for the next 3 years and then at 5 % a year thereafter. What is the expected dividend per share for year 6 (i.e., D ₆ )? Round your answers to two decimal places.

Boehm Incorporated is expected to pay a $ 1.2 per share dividend at the end of the year (i.e.,D₁). The dividend is expected to grow at a constant rate of 3 % a year. The required rate of return on the stock, r, is 11 %. What is the value per share of the company's stock? Round your answer to two decimal places.