The current price of Parador Industries stock is $65 per share. Current earnings per share are $2.80, the earnings growth rate is 5 percent, and Parador does not pay a dividend. The expected return on Parador stock is 15 percent.

a. Calculate the earnings per share one-year ahead. (Round your answer to 2 decimal places.)

b. Calculate the P/E ratio one-year ahead. (Do not round intermediate calculations. Round your answer to 2 decimal places.)