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PQR Co . has earnings of $ 2 . 2 8 per share. The benchmark PE for company is 1 7 . What stock price

PQR Co. has earnings of $2.28 per share. The benchmark PE for company is 17. What stock price (to two decimals) would you consider appropriate?
2. HQZ Inc., has just paid a dividend of $5.87 per share and has announced that it will increase the dividend by $2.97 per share for each of the next four years, and then never pay another dividend. If you require a return of 8.34 percent on the company's stock, how much will you pay for a share today? Answer to two decimals.

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