1. Greene Inc. just paid its customary $6 annual dividend. You predict the dividend will increase 30% each year for the next 2 years, then grow 2% every year thereafter. If you require a 14% return, what is the most you would be willing to pay for one share of this company's stock?
2. The Western Capital Growth mutual fund has
Total assets $ 751834000
Total liabilities $7755000
Total number of shares 22804000
What is the fund's net asset value (NAV)?
Round your answer to 2 decimal places.