Suppose the risk-free rate is 1.60% and an analyst assumes a market risk premium of 7.40%. Firm A just paid a dividend of $1.11 per share. The analyst estimates the of Firm A to be 1.21 and estimates the dividend growth rate to be 4.58% forever. Firm A has 295.00 million shares outstanding. Firm B just paid a dividend of $1.71 per share. The analyst estimates the of Firm B to be 0.90 and believes that dividends will grow at 2.59% forever. Firm B has 192.00 million shares outstanding. What is the value of Firm A? Submit Answer format: Currency: Round to: 2 decimal places. Show Hint