(Solved): pls answer both question will give thumbs up and make sure correct decimal place  A stock just ...

A stock just paid a dividend of \( \$ 2.67 \). The dividend is expected to grow at \( 28.75 \% \) for three years and then grow at \( 3.59 \% \) thereafter. The required return on the stock is \( 11.54 \% \). What is the value of the stook? Answer format: Curroncy: Round to: 2 decimal places. A stock just paid a dividend of \( \$ 2.67 \). The dividend is expected to grow at \( 21.73 \% \) for five years and then grow at \( 3.60 \% \) thereafter. The required return on the stock is \( 11.51 \% \). What is the value of the stock? Answer format: Currency: Round to: 2 decimal places.