Given the information below for Beaver Corporation, compute the expected share price at the end of 2017 using price ratio analysis.

Year Price EPS

2012 $87.34 4.34

2013 $110.40 5.05

2014 $91.10 5.22

2015 $120.90 6.06

2016 $131.50 7.00

2017 ? 8.00

a) $136.80

b) $142.30

c) $150.64

d) $8.00

e) None of the above