12. The current price of AAPL is $160. The company earned $10 last year, and you expect these EPS to grow at 15% over the next 5 years. AAPL has a beta of 2, the long treasury bond is yielding 5% and the historic return on the Market is 10%. a. Establish the 12 month Target price of AAPL using a "fair value" PEG ratio of 1. b. Establish the fair value today and indicate whether you would be a buyer of AAPL.