4. Toyota Motor Corp's stock price is about $157. Consensus analysts' forecasts about Toyota's earnings in 2022 and 2023 are $16.21 and $17.95, respectively. The book value per share is $160.6. The company has a payout ratio about 25%. The risk free rate for Japan capital market is 0.24% and the market risk premium is about 7.75%. Firm Beta is estimated to be about 0.64. a. Forecast book value, return on common equity, and residual earnings for 2022 and 2023. b. Provide a building block analysis about each company's stock price. C. What are the implied market's expectation about growth rates of Toyota's long-term residual income after 2024? d. If you are a value investor, how would you evaluate Toyota price and make investment decisions? Also what additional factors you may need to find out more information about in making your final decision?