Suppose the risk-free rate is 3.89% and an analyst assumes a market risk premium of 5.41%. Firm A just paid a dividend of $1.35 per share. The analyst estimates the of Firm A to be 1.38 and estimates the dividend growth rate to be 4.93% forever. Firm A has 274.00 million shares outstanding. Firm B just paid a dividend of $1.69 per share. The analyst estimates the of Firm B to be 0.82 and believes that dividends will grow at 2.56% forever. Firm B has 195.00 million shares outstanding. What is the value of Firm A?

Suppose the risk-free rate is 1.22% and an analyst assumes a market risk premium of 7.86%. Firm A just paid a dividend of $1.20 per share. The analyst estimates the of Firm A to be 1.33 and estimates the dividend growth rate to be 4.72% forever. Firm A has 262.00 million shares outstanding. Firm B just paid a dividend of $1.69 per share. The analyst estimates the of Firm B to be 0.80 and believes that dividends will grow at 2.48% forever. Firm B has 194.00 million shares outstanding. What is the value of Firm B?