The RLX company just paid a dividend of $1.55 per share on its stock. The dividends are expected to grow at a constant rate of 6% per year indefinitely. Investors require a return of 14% on the company stock.

a. what is the current stock price?

b. what will the stock price be in 3 years?

c. what will the stock price be in 7 years?

The RLX Company just paid a dividend of $1.55 per share on its stock. The dividends are expected to grow at a constant rate of 6 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 7 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. Current price b. Stock price in 3 years. c. Stock price in 7 years