show step by step for both question and follow the decimal place (answer format)

A firm will pay a dividend of 34.52 next year. The dividend is expected to grow at a constant rate of 2.82% forever and the required rate of return is 12.27%. What is the value of the stock? Answer format: Currericy: Round fo: 2 decimal places. A firm just paid a dividend of \$1.28. The dividend is expected to grow at a conatant rate of 3.82% forever and the required rate of return is 11.44%. What is the value of the stock? Answer format: Curnency: found to: 2 decimat places