Bank Plastics generated an EPS of $3.96 over he last 12 months. The company's earnings are expected to grow by 25.8% next year and because here will be no significant change in he number of shares outstanding. EPS should grow a about he same rate. You ee he stock should rade a a P/E of around 34 earnings. Use the P/E approach to set a value on this stock. Using the P/E approach, the value on this stock is $(Round to the nearest cent.)