Please provide correct steps for these questions. Correct answers are shown. Just need steps. Q$1$: You want to value a stock, but it does not pay any dividends. The last period$$s FCFE was $$5\mathrm{.}94$ and it has an estimated annual free cash flow growth rate of $7\mathrm{.}19\%.$ The required return for this stock is $12\mathrm{.}87\%$ and its long$-$term growth rate is $2\mathrm{.}46\%.$ It also has an ROE of $26\mathrm{.}8\%.$ What is the estimated intrinsic value using the constant state FCFE method? State your answer as a percentage with two decimal places and use the adjusted method. Correct Answer is $55\mathrm{.}55$ Q$2$: A stock has a Return on Equity of $12\mathrm{.}5\%,$ an expected dividend at the end of the year of $$2\mathrm{.}34,$ and a retention rate of $67\%.$ If the stock's current market price is $$98\mathrm{.}92,$ then what is the market's implied return for this stock? State your answer as a percentage with two decimal places $($i$.$e$.,13\mathrm{.}21,$ not $\mathrm{.}1321).$ Correct answer is $10\mathrm{.}74$