The RLX Company just paid a dividend of $2.00 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 12 percent on the stock.

a.	What is the current price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
b.	What will the price be in three years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
c.	What will the price be in 12 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)