The current price of Parador Industries stock is $44 per share. Current earnings per share are $4.50, the earnings growth rate is 4 percent, and Parador does not pay a dividend. The expected return on Parador stock is 16 percent. a. Calculate the earnings per share one-year ahead. (Round your answer to 2 decimal places.) Earning per share b. Calculate the P/E ratio one-year ahead. (Do not round intermediate calculations. Round your answer to 2 decimal places.) P/E ratio