The RLX Company just paid a dividend of $$2\mathrm{.}60$ per share on its stock. The dividends are expected to grow at a constant rate of $5\mathrm{.}75$ percent per year, indefinitely. Assume investors require a return of $12$ percent on this stock.

a$.$ What is the current price?

Note: Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

b$.$ What will the price be in four years and in sixteen years?

Note: Do not round intermediate calculations and round your answers to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

a$.$ Current price

$$,43\mathrm{.}99$

b$.$ Price in four years

Price in sixteen years