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Suppose the risk-free rate is 2.77% and an analyst assumes a market risk premium of 6.28%. Firm A just paid a dividend of $1.40 per

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Suppose the risk-free rate is 2.77% and an analyst assumes a market risk premium of 6.28%. Firm A just paid a dividend of $1.40 per share. The analyst estimates the of Firm A to be 1.36 and estimates the dividend growth rate to be 4.21% forever. Firm A has 264.00 million shares outstanding. Firm B just paid a dividend of $1.67 per share. The analyst estimates the 3 of Firm B to be 0.86 and believes that dividends will grow at 2.10% forever. Firm B has 198.00 million shares outstanding. What is the value of Firm A? Submit Answer format: Currency: Round to: 2 decimal places

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