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round to two decimal places. dont round until all calculations are completed. 1A....

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Finance

round to two decimal places. dont round until all calculations are completed.
1A. Suppose Nabisco Corporation just issued a dividend of $2.15 per share yesterday. Subsequent dividends will grow at a constant rate of 4.79% indefinitely. If the required rate of return for this stock is 10.95% , what is the value of a share of common stock today?
1B. What is the value of a share of preferred stock that promises to pay $3.96 every year, indefinitely, if you have a required rate of return of 9.21%?

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