A company will pay a $3 per share dividend in 1 year. The dividend in 2 years will be $5 per share, and it is expected that dividends will grow at 2% per year thereafter. The expected rate of return on the stock is 16%. a. What is the current price of the stock? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Current price b. What is the expected price of the stock in a year? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Expected price $D