Domergue Corp. currently has an EPS of $3.30, and the benchmark PE for the company is 32. Earnings are expected to grow at 5 percent per year.

a.	What is your estimate of the current stock price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
b.	What is the target stock price in one year? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
c.	Assuming the company pays no dividends, what is the implied return on the companys stock over the next year?