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Suppose the risk-free rate is 1.76% and an analyst assumes a market risk premium of...

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Finance

Suppose the risk-free rate is 1.76% and an analyst assumes a market risk premium of 6.10%. Firm A just paid a dividend of $1.27 per share. The analyst estimates the of Firm A to be 1.26 and estimates the dividend growth rate to be 4.45% forever. Firm A has 282.00 million shares outstanding. Firm B just paid a dividend of $1.97 per share. The analyst estimates the of Firm B to be 0.87 and believes that dividends will grow at 2.83% forever. Firm B has 184.00 million shares outstanding. What is the value of Firm A?

Round to 2 decimal places.

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