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please answer both! Valley Orchards just paid a dividend of $1.2 per share on its stock. The dividends are expected to grow at a constant

please answer both!

Valley Orchards just paid a dividend of $1.2 per share on its stock. The dividends are expected to grow at a constant rate of 3.6 percent per year indefinitely. If investors require an 12.9 percent return on this stock, the current price is $ _________ . Round it to two decimal places, and do not include the $ sign, e.g., 23.56.

Reynald's Farms is expected to pay a dividend of $2.2 per share on its stock. The dividends are expected to grow at a constant rate of 1.1 percent per year indefinitely. If investors require an 12.4 percent return on this stock, the current price is $ _________ . Round it to two decimal places, and do not include the $ sign, e.g., 23.56.

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