The Sleeping Flower Co. has earnings of $1.56 per share.

Requirement 1:

If the benchmark PE for the company is 19, how much will you pay for the stock? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

Current stock price

$

Requirement 2:

If the benchmark PE for the company is 22, how much will you pay for the stock? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

Current stock price

$