In practice, a common way to value a share of stock when a company pays dividends is to value the dividends over the next five years or so, then find the "terminal" stock price using a benchmark PE ratio. Suppose a company just paid a dividend of $1.75. The dividends are expected to grow at 21 percent over the next five years. In five years, the estimated payout ratio is 35 percent and the benchmark P ratio is 33. What is the target stock price in five years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Target stock price $ What is the stock price today assuming a required return of 11.5 percent on this stock? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32. 16.) Stock price $ $