The perfect rose co has earnings of 185 per share the

Question

The Perfect Rose Co. has earnings of $1.85 per share. The benchmark PE for the company is 15.

What stock price would you consider appropriate? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Stock price        $  

What if the benchmark PE were 18? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Stock price          $