The RLX Company just paid a dividend of $2.05 per share on its stock. The dividends are expected to grow at a constant rate of 7 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 10 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)