The risk-free rate is 3.00% and the market risk premium is 5.92%. A stock with a of 1.52 just paid a dividend of $2.58. The dividend is expected to grow at 22.67% for three years and then grow at 4.92% forever. What is the value of the stock?

The risk-free rate is 2.34% and the market risk premium is 9.31%. A stock with a of 1.74 just paid a dividend of $2.92. The dividend is expected to grow at 20.73% for three years and then grow at 4.11% forever. What is the value of the stock?

Answer format: Number: Round to: 2 decimal places.

Please show all work if possible. Answer both examples for a thumbs up. Thank you.