In an effort to find the best price for a compnay you are researching, you have decided to to value the dividends over the next five years, then calculate the stock price using a benchmark PE ratio. The company just paid a dividend of $1.30. The dividends are expected to grow at 15% over the next five years. The company has a and a benchmark PE of 18 and a payout ratio of 45%. The required return is 13%.

What are the projected dividends for each of the next five years? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 12.34.)

What is the EPS in five years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 12.34.)

What is the target stock price in five years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 12.34.)

What is the stock price today? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 12.34.)