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6. 1000 points You have found the following historical information for the Daniela Company over the past four years: Year 1 esar esar Stock price

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6. 1000 points You have found the following historical information for the Daniela Company over the past four years: Year 1 esar esar Stock price EPS $49.80 58.52 67.74 60.75 2.91 2.44 2.60 2.77 Earnings are expected to grow at 11 percent for the next year. Using the company's historical average PE as a benchmark, what is the target stock price one year from today? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Target stock price

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