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 $89.09 $103.03 $124.81 $136.36 price Low price 70.61 84.91 77.87 112.34 EPS 6.58 9.00 8.66 10.25 Earnings are projected to grow at 8 percent over the next year. What are the high and low PE ratios for each year? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) High PE Low PE Year 1 Year 2 Year 3 Year 4