Hats & Brooms Unlimited is considering a new project. It would require $225 as initial investment. In the next 5 years it would generate profits in the following amounts:

$56 in year 1

$78 in year 2

$78 in year 3

$78 in year 4

$38 in year 5

The annual return that is required for projects of this kind is 5.2 %.

Calculate the project's net present value. If the answer is negative, don't forget the minus sign!

"Starducks", a coffee chain (it's real! ), is a publicly traded company, and you need to figure out the current value of its stock shares. Here is what you know about its expected future per-share dividends: $2 in 1 year, $6 in 2 years, $8 in 3 years, after which the dividends are expected to grow at the annual rate of 5%, indefinitely. The company's return on its investments is 11% per year.

What is today's value of Starducks' stock share?

Increase the decimal places for any intermediate calculations, and round your final answer to TWO decimal places, for example, 123.45 Do NOT use "$" in your answer.