12. You have found the following historical information for the Daniela Company: Stock price EPS $48.78 2.57 $66.43 2.63 $61.89 2.80 $66.49 2.79 Earnings are expected to grow at 12 percent for the next year Required: What is the PE ratio for each year? (Do not round intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16).) Year 1 Year 2 Year 3 Year 4 What is the average PE ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Average PE Using the company's historical average PE as a benchmark what is the target stock price in one year? (Do not round intermediate calculations: Round your answer to 2 decimal places (e-g- 32 16)-)