Suppose Mart Corp. recently earned a profit of $5.10 per share and has a P/E ratio of 16.5. The profits per share have been growing at a 6 percent rate over the past few years. If this growth continues, what would be the stock price in four years if the P/E ratio remained unchanged? This is a two-step problem. Estimate first the profit per share for year 4. $141.44 $110.91 $82.88 $106.24