Boehm Incorporated is expected to pay a $ 1.8 per share dividend at the end of the year (i.e.,D1). The dividend is expected to grow at a constant rate of 2 % a year. The required rate of return on the stock, r, is 10 %. What is the value per share of the company's stock? Round your answer to two decimal places.

Columbus Manufacturing's stock currently sells for $ 27.34 a share. The stock just paid a dividend of $3.50 a share (i.e.,D₀). The dividend is expected to grow at a constant rate of 8 % a year. What stock price is expected one year from now (P₁)? Round your answer to two decimal places.