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: Eamings are expected to grow.at 6.5 percent over the next yoar. a. What is the high target stock price over the next year? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g. 32.16. b. What is the low target stock price over the next year? Note: Do not tound Intermediate calculations and round your answer to 2 decimal places, e.g. 32.16