1) Electronics Galore has historically had a P/E ratio of 22.41. This ratio is considered a good estimate of the future ratio. The firm currently has EPS of $2.21. These earnings are expected to increase by 5.04 percent next year. What is the expected price of this stock one year from now?

2) HSB stock has a market value of $2.35 million and is currently trading for $44.61 per share. HSB has $3.35 million in assets and $1.93 million in liabilities. Net income for the year was $602,333 and depreciation was $98,075. What is the price to cash flow ratio for HSB?

Answer should be formatted as a number with 2 decimal places (e.g. 99.99).

3) Logan Corp is currently trading for $52.57 per share and recently reported $2.6 earnings per share. In two years, you expect the price to be $59.05 and the earnings per share to be $2.13. What is the implied percent change in the P/E ratio given your forecast?

Answer should be formatted as a percent with 2 decimal places (e.g. 99.99).