earnings arc expected to grow at 11% for the next year. Using the company's historical average PE as a benchmark, what is the target stock price in one year? Q4) In the previous problem. we assumed that that the stock had a single stock price for the year. However, if you look at stock prices over any year, you will find a high and low stock price for the year. Instead of a single benchmark PE ratio, we now have a high and a low PE ratio for each year. We can use these ratios to calculate a high and a low stock price for the next year. Suppose we have the following information on a particular company: Year 1 Year 2 Year 3 Year 4 High Price 597.90 $121.50 5130.90 5147.53 Low Price 72.73 88.84 69.52 116.05 EPS 7.18 8.93 10.01 1 11.40 Earnings are projected to grow at 6% over the next year. What is your high and low target stock prices over the next year? earnings arc expected to grow at 11% for the next year. Using the company's historical average PE as a benchmark, what is the target stock price in one year? Q4) In the previous problem. we assumed that that the stock had a single stock price for the year. However, if you look at stock prices over any year, you will find a high and low stock price for the year. Instead of a single benchmark PE ratio, we now have a high and a low PE ratio for each year. We can use these ratios to calculate a high and a low stock price for the next year. Suppose we have the following information on a particular company: Year 1 Year 2 Year 3 Year 4 High Price 597.90 $121.50 5130.90 5147.53 Low Price 72.73 88.84 69.52 116.05 EPS 7.18 8.93 10.01 1 11.40 Earnings are projected to grow at 6% over the next year. What is your high and low target stock prices over the next year