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: Earnings are projected to grow at 8.5 percent over the next year. What are the high and low PE ratios for each year? Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. What are the average high and low PE ratios over this period? Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16