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* THIS IS ONE QUESTION WITH SEVERAL PARTS ANSWER ALL PARTS e RLX Company just paid a dividend of $ 2 . 0 5 per

*THIS IS ONE QUESTION WITH SEVERAL PARTS ANSWER ALL PARTS e RLX Company just paid a dividend of $2.05 per share on its stock. The dividends are expected to grow at a constant rate of 7 percent per year indefinitely. Investors require a return of 12 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.,32.16.)
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.,32.16.)
c. What will the stock price be in 10 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.)
a. Current price
b. Stock price in 3 years
c. Stock price in 10 years
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