You have gathered the following information for a company:

Cost of equity (annually)	10%
Expected price to earnings ratio in one year	44
Expected earnings per share in one year	2
Expected dividend per share in one year	0
Expected payout ratio in one year	0

Calculate this companys share price today using the information provided in the table.

		The companys share price today is expected to be less than $85
		The companys share price today is expected to be more than $85