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Please male sure the answer is correct and explain how you got it, thanks! ...

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Finance

Please male sure the answer is correct and explain how you got it, thanks!
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If you look at stock prices ever any year, you will find a high and low stock price for the year Instead of a single benchmark PE ratio. we now heve 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: Eamings are expected to grow at 5.5 percent over the next year. 6. Whot is the high torget stock price over the next year? Note: Do not round intermediate calculetions and round your answer to 2 decimal places, e.9., 32.16. b. What la the low target stock price over the next year? Note: Do not round intermedinte calculations and round your answer to 2 decimal places, e.g. 32.16

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