ch 7 hw Saved 11 You have found the following historical information for the Daniela Company: 10 Year 1 $48.55 2.56 Stock price EPS Year 2 $65.22 2.62 Year 3 $62.24 2.79 Year 4 $66.20 2.78 points Skipped Earnings are expected to grow at 11 percent for the next year. eBook Print Using the company's historical average PE as a benchmark, what is the target stock price in one year? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) References Target price