The RLX Company just paid a dividend of $3.25 per share on its stock. The dividends are expected to grow at a constant rate of 4.75 percent per year, indefinitely. Assume investors require a return of 10 percent on this stock.

1. What is the current price?

   Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.

2. What will the price be in five years and in fourteen years?

   Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.