Here are data on two stocks, both of which have discount rates of $14\%$ :

a$.$ What is the dividend payout ratio for each firm?

Note: Enter your answers as a percent rounded to $2$ decimal places.

b$.$ What is the expected dividend growth rate for each stock?

Note: Do not round intermediate calculations. Enter your answers as a percent rounded to $2$ decimal places.

c$.$ What is the value of each stock?

Note: Do not round intermediate calculations. Round your answers to $2$ decimal places.