Meadow Dew Corporation currently has and EPS of $4.05, and the benchmark PE for the company is $21. Earnings are expected to grow at 4.9 percent per year.

a. What is your estimate of the current stock price? (round to 2 decimals)

b. What is the target stock price in one year? (round to 2 decimals)

c. Assuming the company pays no dividends, what is the implied return on the company's stock over the next year? (round to 1 decimal)