Suppose Zart Corp, recently earned a profit of $5.10 per share and has a P/E ratio of 15 . 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? Hint: This is a twostep problem. Estimate first the profit per share for year 4 . Then, apply the P/E model. $91.44 $96.59 $92.88 $90.57