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Meadow Dew Corporation currently has an EPS of $3.50, and the benchmark PE for the company is 34 . Earnings are expected to grow at

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Meadow Dew Corporation currently has an EPS of $3.50, and the benchmark PE for the company is 34 . Earnings are expected to grow at 6 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 company's stock over the next year? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

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