Fincorp will pay a year-end dividend of $2.80 per share, which is expected to grow at a rate of 2% for the indefinite future. The discount rate is 10%. a. What is the stock selling for? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Stock price $

b. If earnings are $2.90 a share, what is the implied value of the firms growth opportunities? (Do not round intermediate calculations

what is implied value?