The current price of Parador Industries stock is $47 per share. Current earnings per share are $5, the earnings growth rate is 7 percent, and Parador does not pay a dividend. The expected return on Parador stock is 19 percent. 1. Calculate the earning per share one-year ahead. (Round your answer to 2 decimal places. Omit the ''$'' sign in your response.) Earning per share $ 2. Calculate the P/E ratio one-year ahead. (Do not round intermediate calculations. Round your answer to 2 decimal places.) P/E ratio