JJ Industries will pay a regular dividend of $0.85 per share for each of the next four years. At the end of the four years, the company will also pay out a $79 per share liquidating dividend, and the company will cease operations. If the discount rate is 9 percent, what is the current value of the companys stock? (Round your answer to 2 decimal places. Omit the "$" sign in your response.

You are going to value Lauryns Doll Co. using the FCF model. After consulting various sources, you find that Lauryn has a reported equity beta of 1.5, a debt-to-equity ratio of 0.6, and a tax rate of 30 percent. Based on this information, what is Lauryns asset beta? (Round your answer to 2 decimal places.)

Atlantis Seafood Company stock currently sells for $31 per share. The company is expected to pay a dividend of $4.22 per share next year, and analysts project that dividends should increase at 6 percent per year for the indefinite future. What must the relevant discount rate be for Atlantis stock? (Round your answer to 2 decimal places. Omit the "%" sign in your response.)