The risk-free rate is 3.01% and the market risk premium is 8.92%. A stock with a of 0.96 just paid a dividend of $1.36. The dividend is expected to grow at 23.75% for three years and then grow at 4.60% forever. What is the value of the stock? Answer format: Currency: Round to: 2 decimal places. The risk-free rate is 2.78% and the market risk premium is 7.96%. A stock with a of 0.90 just paid a dividend of $2.89. The dividend is expected to grow at 22.44% for five years and then grow at 4.57% forever. What is the value of the stock? Answer format: Currency: Round to: 2 decimal places