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Question 10 1 pts You have found the following historical information for DEF Company Year Year 2Year 3Year 4 Stock Price $46.53 $52.31 $56.78 $59.41

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Question 10 1 pts You have found the following historical information for DEF Company Year Year 2Year 3Year 4 Stock Price $46.53 $52.31 $56.78 $59.41 EPS Earnings are expected to grow at 4 percent for the next year. Using the company's historical average $2.31 $2.74 $3.34 $3.77 PE as a benchmark, what is the target stock price in one year? Answer to two decimals. 70.57

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