Use the following information for the following two questions: Jean and Gloria are valuating Global's common stocks. Global has just paid out a quarterly dividend of $0.75. Both analysts have not purchased the shares yet, so they didn't get this dividend. After careful analysis, they believe that Global will increase its dividend payout by 0.8% each quarter for the next 12 years. Thereafter, Global is expected to increase its dividend by 0.2% each quarter. Both have a personal discount rate of 12% APR. Page 2 of 3 14. Jean plans to purchase a share today and hold for 12 years. She believes that she will be able to sell the stock for $100 after she receives her final dividend. According to her analysis, what is the implied share price? 15. Gloria plans to purchase a share and hold the stock indefinitely. According to her analysis, what is the implied share price