The risk-free rate is 2.19% and the market risk premium is 8.74%. A stock with a of 0.96 just paid a dividend of $2.42. The dividend is expected to grow at 22.65% for three years and then grow at 3.62% forever. What is the value of the stock?

The risk-free rate is 2.77% and the market risk premium is 7.64%. A stock with a of 1.28 just paid a dividend of $2.96. The dividend is expected to grow at 20.83% for five years and then grow at 4.65% forever. What is the value of the stock?