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You have found the following historical information for the Daniela Company: Year 1 Year 2 Year 3 Year 4 Stock price $ 4 5 .

You have found the following historical information for the Daniela Company: Year 1 Year 2 Year 3 Year 4 Stock price $45.10 $58.43 $67.49 $61.85 EPS
Earnings are expected to grow at 8 percent for the next year.
What is the PE ratio for each year? Year 1, Year 2, Year 3, Year 4?
What is the average PE ratio over this period?
Using the company's historical average PE as a benchmark, what is the target stock prove in one year?

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