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 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 price $ 62.18 $ 67.29 $ 74.18 $ 78.27

Low price 40.30 43.18 39.27 46.21

EPS 2.35 2.58 2.73 2.89

Earnings are expected to grow at 9 percent over the next year.

What is the high target stock price in one year?

Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.

What is the low target stock price in one year?

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 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 price $ 62.18 $ 67.29 $ 74.18 $ 78.27

Low price 40.30 43.18 39.27 46.21

EPS 2.35 2.58 2.73 2.89

Earnings are expected to grow at 9 percent over the next year.

What is the high target stock price in one year?

Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.

What is the low target stock price in one year?