Rick$$s Department Stores has had the following pattern of earnings per share over the last five years:

Year Earnings

per share

$20$XU $ $13\mathrm{.}00$

$20$XV $13\mathrm{.}78$

$20$XW $14\mathrm{.}61$

$20$XX $15\mathrm{.}49$

$20$XY $16\mathrm{.}42$

The earnings per share have grown at a constant rate $($on a rounded basis$)$ and will continue to do so in the future. Dividends represent $40$ percent of earnings.

a$.$ Project earnings and dividends for the next year $(20$XZ$).($Do not round intermediate calculations. Round the final answers to $2$ decimal places.$)$

$20$XZ

Earnings $

Dividend $

b$.$ If the required rate of return is $13$ percent, what is the anticipated share price at the beginning of $20$XZ$?($Do not round intermediate calculations. Round the final answer to $2$ decimal places.$)$

Anticipated stock price $