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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

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 $ 29.43 $ 28.32 $ 32.42 $ 39.01
Low price 21.8622.1827.6528.41
EPS 1.751.882.012.35
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?

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