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You have found the following historical information for the Daniela Company: Year 1 Year 3 Year 4 Year 2 $60.43 Stock price EPS $46.02 $66.09

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You have found the following historical information for the Daniela Company: Year 1 Year 3 Year 4 Year 2 $60.43 Stock price EPS $46.02 $66.09 $63.01 2.67 2.45 2.51 2.68 Earnings are expected to grow at 12 percent for the next year. What is the PE ratio for each year? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Year 1 Year 2 Year 3 Year 4 What is the average PE ratio over this period? (Do not round intermediate calculations and 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 and round your answer to 2 decimal places, e.g., 32.16.) Target price

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