The Sleeping Flower Co. has earnings of $3.35 per share. The benchmark PE for the company is 15.57. What stock price would you consider appropriate? (Round answer to two decimals, i.e. 32.16)

Melanie Corp. is growing quickly. Dividends are expected to grow at a rate of 25 percent for the next three years, with the growth rate falling off to a constant 8.8 percent thereafter. If the required return is 13 percent and the company just paid a dividend of $4.64, what is the current share price? ( Do not round intermediate calculations, round your answer to two decimal points, i.e. 32.16)