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.

	Year 1				Year 2				Year 3				Year 4
High price	$	28.13			$	27.02			$	31.12			$	37.71
Low price		20.56				20.88				26.35				27.11
EPS		1.62				1.75				1.88				2.22

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?