The RLX Company just paid a dividend of $3.20 per share on its stock. The dividends are expected to grow at a constant rate of 4 percent per year, indefinitely. If Investors require a return of 10.5 percent on this stock, what is the current price? What will the price be In three years? In 15 years? Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. a. Current price b. Price in three years c. Price in 15 years

The RL X Company just pald a dividend of $3.20 per share on its stock. The dividends are expected to grow at a constant rate of 4 percent per year, indefinitely. if investors require a return of 105 percent on this stock, what is the current price? What will the price be in three years? In 15 years? Note: Do not round intermediote calculotions and round your answers to 2 decimal places, e.9., 32.16