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Suppose the risk-free rate is 1.14% and an analyst assumes a market risk premium of 7.63%. Firm A just paid a dividend of $1.39 per

Suppose the risk-free rate is 1.14% and an analyst assumes a market risk premium of 7.63%. Firm A just paid a dividend of $1.39 per share. The analyst estimates the of Firm A to be 1.43 and estimates the dividend growth rate to be 4.46% forever. Firm A has 254.00 million shares outstanding. Firm B just paid a dividend of $1.97 per share. The analyst estimates the of Firm B to be 0.80 and believes that dividends will grow at 2.26% forever. Firm B has 195.00 million shares outstanding. What is the value of Firm A? Submit Answer format: Currency: Round to: 2 decimal places.

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