Blue Hamster Manufacturing Inc. just reported earnings after tax $($also called net income$)$ of $$8,000,000$ and a current stock price of $$17\mathrm{.}50$ per share. The company is forecasting an increase of $25\%$ for its after$-$tax income next year, but it also expects it will have to issue $1,500,000$ new shares of stock $($raising its shares outstanding from $5,500,000$ to $7,000,000).$

If Blue Hamster$$s forecast turns out to be correct and its price$/$earnings $($P$/$E$)$ ratio does not change, what does the company$$s management expect its stock price to be one year from now? $($Round any P$/$E ratio calculation to four decimal places.$)$

$$17\mathrm{.}26$ per share

$$17\mathrm{.}50$ per share

$$12\mathrm{.}95$ per share

$$21\mathrm{.}58$ per share