Coca-Cola has expected earnings per share (EPS) of $2.2. Its competitors have the following P/E ratios:

	Dr Pepper	Nestle	Pepsico
P/E ratio	22.07	23.45	21.37

Part 1. What is the value of Coca-Cola's stock based on the lowest P/E ratio?

Part 2. What is the value of Coca-Cola's stock based on the highest P/E ratio?

Part 3. What is the value of Coca-Cola's stock based on the average P/E ratio?

Please explain using a financial calculator. Thank you.