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 $3$Year $4$High price$$85\mathrm{.}32$$$94\mathrm{.}32$$$115\mathrm{.}32$$$127\mathrm{.}39$Low price$68\mathrm{.}1479\mathrm{.}3284\mathrm{.}76105\mathrm{.}32$EPS$6\mathrm{.}458\mathrm{.}878\mathrm{.}5310\mathrm{.}12$Earnings are projected to grow at $5$ percent over the next year.What are the high and low PE ratios for each year?