Jon Snow wishes to invest in a company, DragonLady, but he is unsure about the value of DragonLady. Given that Jon knows nothing about finance, he asked his friend, Samwell Tarly, for assistance in the valuation. After conducting some research on Yahoo Finance, Samwell estimates that DragonLady's dividends are expected to grow at a constant rate of 2%. DragonLady had recently paid a dividend of $1.63. Samwell further estimates that the appropriate discount rate, given the high risk and uncertain nature of DragonLady, is 23% per year What is the value of DragonLady? Stark Limited is expected to pay no dividend in the first two years. From year three onwards, the share is expected to pay a constant dividend of $5.7 per year. If you require a return of 12.4% per year, what is the value of Stark Limited