Please tell me how to do problem 2 and problem 10, and please give me the correct answer, thank you so much

(5 points) LMN is a fairly new security issue that pays no dividends at all. You have been charged by your investment club with the job of calculating its value and have decided to use the Earnings Multiplier method to provide them with an answer. Assume that stock LMN has earnings of $3.40, which are expected to grow by 10% next year. Also, stock LMN seems to typically trade at a 10% discount to its industry. The P/E ratio of the industry is 16. 2. What will you tell your investment club the value of stock LMN is based on next year's earnings and using the earnings multiplier