2. Aqua America has an EPS of 1.29 and is expected to pay a dividend in 2023 of 0.84,which is expected to grow at a steady rate of 4% a year.Investors require a return of 6.6%. a.What should be the price of its stock? b.Suppose the firm can find investment opportunities that have a required rate of return of 5% instead of 6.6% required by investors.What is the sustainable growth rate of the company ,if it keeps a plowback ratio (profit retention rate) of 35% and invests at 5%? c.What is the stock price at this growth rate? d.If you were a company raider(acquirer),would Aqua America be a good candidate for an attempted takeover?