es 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 stock price for the next year. Suppose we have the following information on a particular company over the past four years. High price Low price EPS Year 1 $27.93 20.36 1.60 Year 2 $26.82 20.68 1.73 Year 3 $30.92 26.15 1.86 a. High target stock price b. Low target stock price Year 4 $37.51 26.91 2.20 Earnings are projected to grow at 9% over the next year. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. What is your high target stock price over the next year? b. What is your low target stock price over the next year?