The RLX Company just paid a dividend of $$3\mathrm{.}20$ 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 $10\mathrm{.}5$ 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$.,32\mathrm{.}16.)$

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$.,32\mathrm{.}16.)$

c$.$ What will the stock price be in $15$ years? $($Do not round intermediate calculations and

round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

a$.$ Current price

b$.$ Stock price in $3$ years

c$.$ Stock price in $15$ years