4) (3 pts) You estimate Company B's Earnings per Share (EPS) over the next two years will be $5.00 next year and $5.80 the following year. The company will pay out 35% of the earnings as dividends and you expect Company B will sell at a P/E multiple of 16 in two years. The required rate of return for this stock is 11.6%. Using a P/E multiple approach what is your estimation of the Horizon Value or Price Target in 2 years (your estimate of what the stock price will be in 2 years)? Horizon Value (P2)=$92.8