show work

11 Fincorp will pay a year end dividend of $3.60 per share, which is expected to grow at a rate of 2. for the indetre future. The discount rate is 12 a. What is the stock selling for? (Do not round Intermediate calculations. Round your answer to 2 decimal places.) She price als b. If earnings are $4.10 a share, what is the implied value of the firm's growth opportunities? (Do not round Intermediate calculations. Round your answer to 2 decimal places.) Implied value