Suppose the risk-free rate is 2.70% and an analyst assumes a market risk premium of 7.95%. Firm A just paid a dividend of $1.20 per share. The analyst estimates the of Firm A to be 1.32 and estimates the dividend growth rate to be 4.46% forever. Firm A has 280.00 million shares outstanding. Firm B just paid a dividend of $1.67 per share. The analyst estimates the of Firm B to be 0.78 and believes that dividends will grow at 2.03% forever. Firm B has 199.00 million shares outstanding. What is the value of Firm A?

Suppose the risk-free rate is 3.44% and an analyst assumes a market risk premium of 6.64%. Firm A just paid a dividend of $1.19 per share. The analyst estimates the of Firm A to be 1.29 and estimates the dividend growth rate to be 4.99% forever. Firm A has 267.00 million shares outstanding. Firm B just paid a dividend of $1.59 per share. The analyst estimates the of Firm B to be 0.89 and believes that dividends will grow at 2.85% forever. Firm B has 192.00 million shares outstanding. What is the value of Firm B?