Thank you in advance!

If you look at stock prices over any year, you will find a high and low stock price for the year. Instead of a 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 we have the following information on a particular company over the past four years:If you look at stock prices over any year, you will find a high and low stock price for the

year. Instead of a 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 we have the following information on a particular company over the past

four years:

Earnings are projected to grow at $6$ percent over the next year.

a$.$ 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$.,32\mathrm{.}16.)$

b$.$ What is your low target stock price over the next year? $($Do not round intermediate

cThsank youalculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$