The risk-free rate is 2.24% and the market risk premium is 8.30%. A stock with a of 0.98 just paid a dividend of $2.41. The dividend is expected to grow at 22.36% for five years and then grow at 4.97% forever. What is the value of the stock?

Caspian Sea Drinks is considering buying the J-Mix 2000. It will allow them to make and sell more product. The machine cost $1.19 million and create incremental cash flows of $645,482.00 each year for the next five years. The cost of capital is 11.98%. What is the net present value of the J-Mix 2000?

Please Answer both it goes for 1 question.