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If you look at stock prices o 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 particular company over the past four years ver any year, you will find a high and low stock price for the year. Instead of a we have the following information on a Year 4 131.40 148.03 116.55 11.90 Year 1 Year 2 $98.40 122.00 89.34 9.43 Year 3 High price Low price EPS 73.23 7.68 70.02 10.51 Earnings are projected to grow at 8 percent over the next year What is your high target stock price over the next year? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) High target stock price What is your low target stock price over the next year? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Low target stock price