Sully Corp. currently has an EPS of $2.14, and the benchmark PE ratio for the company is 20. Earnings are expected to grow at 7.5 percent per year.

Sully Corp. currently has an EPS of $2.14, and the benchmark PE ratio for the company is 20. Earnings are expected to grow at 7.5 percent per year.

What is the target stock price in 1 year?

Assuming that the company pays no dividends, what is the implied return on the company’s stock over the next year?