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Suppose the risk-free rate is 2.24% and an analyst assumes a market risk premium of 5.19%. Firm A just paid a dividend of $1.07 per

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Suppose the risk-free rate is 2.24% and an analyst assumes a market risk premium of 5.19%. Firm A just paid a dividend of $1.07 per share. The analyst estimates the B of Firm A to be 1.45 and estimates the dividend growth rate to be 4.63% forever. Firm A has 278.00 million shares outstanding. Firm B just paid a dividend of $1.99 per share. The analyst estimates the of Firm B to be 0.82 and believes that dividends will grow at 2.80% forever. Firm B has 180.00 million shares outstanding. What is the value of Firm A? Submit Answer format: Currency: Round to: 2 decimal places

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