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You have found the following historical information for the Daniela Company: Year 1 $46.71 2.48 Year 2 Year 3 Stock price EPS $61.22 2.54 $65.04

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You have found the following historical information for the Daniela Company: Year 1 $46.71 2.48 Year 2 Year 3 Stock price EPS $61.22 2.54 $65.04 2.71 Year 4 $63.88 2.70 Eanings are expected to grow at 9 percent for the next year. Required: What is the PE ratio for each year? (Do not round intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16).) PE ratio Year 1 Year 2 Year 3 Year 4 What is the average PE ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Average PE Using the company's historical average PE as a benchmark, what is the target stock price in one year? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Taroet pric $

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