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The RLX Company just paid a dividend of $ 1 . 3 0 per share on its stock. The dividends are expected to grow at

The RLX Company just paid a dividend of $1.30 per share on its stock. The dividends are expected to grow at a constant rate of 4 percent per year indefinitely. Investors require a return of 14 percent on the company's stock.
a. What is the current stock price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.)
b. What will the stock price be in 3 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.)
c. What will the stock price be in 12 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.)
\table[[a. Surrent price,],[b. Stock price in 3 years,],[c. Stock price in 12 years,]]
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