3. Alphabet (Ticker: GOOG)'s Earnings-per-share (EPS) now is about $40. Analysts expect the company to grow its EPS at about 15% each year for the next five years, and slows down to a growth rate a little higher than GDP growth. Alphabet does not pay dividend and won't pay for the next five years. Assuming a PE ratio by the end of year five about18, and required rate of return (discount rate) abou(9%, what the price of Alphabet's stock should be today? (PE APPROACH OF VALUATION)