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Sabit Inc does not pay any dividends. The P/E ratio for the last five years is as follows: 20.41,22.51,24.45,20.88, and 22.51 . The company's earnings

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Sabit Inc does not pay any dividends. The P/E ratio for the last five years is as follows: 20.41,22.51,24.45,20.88, and 22.51 . The company's earnings per share in the latest year are $3.5. Earnings are expected to grow at 11 percent for the next several years. Using the company's historical average PE as a benchmark, what is the target stock price two years from today? $115.67 $80.45 $105.00 595.53

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