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Suppose the risk-free rate is 3.13% and an analyst assumes a market risk premium of 6.69%. Firm A just paid a dividend of $1.16 per

Suppose the risk-free rate is 3.13% and an analyst assumes a market risk premium of 6.69%. Firm A just paid a dividend of $1.16 per share. The analyst estimates the of Firm A to be 1.29 and estimates the dividend growth rate to be 4.92% forever. Firm A has 268.00 million shares outstanding. Firm B just paid a dividend of $1.90 per share. The analyst estimates the of Firm B to be 0.73 and believes that dividends will grow at 2.68% forever. Firm B has 199.00 million shares outstanding. What is the value of Firm A? Answer format: Currency: Round to: 2 decimal places.

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