Suppose the risk-free rate is 3.85% and an analyst assumes a market risk premium of 5.00%. Firm A just paid a dividend of $1.49 per share. The analyst estimates the of Firm A to be 1.27 and estimates the dividend growth rate to be 4.50% forever. Firm A has 294.00 million shares outstanding. Firm B just paid a dividend of $1.70 per share. The analyst estimates the of Firm B to be 0.73 and believes that dividends will grow at 2.36% forever. Firm B has 184.00 million shares outstanding. What is the value of Firm A?

Suppose the risk-free rate is 2.45% and an analyst assumes a market risk premium of 6.65%. Firm A just paid a dividend of $1.43 per share. The analyst estimates the of Firm A to be 1.30 and estimates the dividend growth rate to be 4.50% forever. Firm A has 251.00 million shares outstanding. Firm B just paid a dividend of $1.94 per share. The analyst estimates the of Firm B to be 0.76 and believes that dividends will grow at 2.29% forever. Firm B has 195.00 million shares outstanding. What is the value of Firm B?