10. You are evaluating the stock price of Kroger, a grocery store chain. It has forward earnings per share of $3.02. You notice that its competitor Safeway has a P/E ratio of 13.3. What is a good estimate of Kroger's stock price? The stock price will be $_____. (Round to the nearest cent.)

11. You notice that Coca-Cola has a stock price of $41.28 and EPS of $1.84. Its competitor PepsiCo has EPS of $4.08. But, Jones Soda, a small batch craft soda producer has a P/E ratio of 34. Based on this information, what is one estimate of the value of a share of PepsiCo stock? One share of PepsiCo stock is valued at $______. (Round to the nearest cent.)