Lauren Corporation will pay a dividend of $$3\mathrm{.}30$ next year. The company has stated that it will maintain a constant growth rate of $5\mathrm{.}25$ percent a year forever.

a$.$ If you want a return of $18$ percent,

How much will you pay for the stock?

Note: Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

b$.$ If you want a return of $12$ percent,

How much will you pay for the stock?

Note: Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

a$.$ Stock price

b$.$ Stock price