1. a. What is the estimated value of Pacific Healthcare stock on December 31, 2013? b. Is the stock under- or over-priced? c. If investors estimate that Pacific Healthcare will grow about 10 percent per year for the next five years (2014-18), what constant growth rate (2019+) are they using to actually price the stock? (Hint: what constant growth rate (2019+) produces an actual December 31, 2013 stock price of $8?)