The risk-free rate is 2.07% and the market risk premium is 6.53%. A stock with a of 1.28 just paid a dividend of $1.91. The dividend is expected to grow at 21.27% for three years and then grow at 4.49% forever. What is the value of the stock?

The risk-free rate is 2.01% and the market risk premium is 9.06%. A stock with a of 1.78 just paid a dividend of $2.16. The dividend is expected to grow at 22.39% for five years and then grow at 3.28% forever. What is the value of the stock?

round to 2 decimals