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 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 4 High price Low price EPS $97.67 $86.77 69.09 6.50 Year 3 $118.97 82.11 8.58 $130.84 81.47 8.92 108.02 10.17 Earnings are expected to grow at 8 percent over the next year. a. What is the high target stock price over the next year? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the low target stock price over the next year? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. High target price b. Low target price