c. Calculate the fair price for a stock which has the following characteristics: a. Shares on issue: 497,500,000 b. Earnings per share: $2.812 Dividend per share: $1.775 d. Value of equity in its accounts: $34,500,000,000 e. Standard deviation of the stock is 20.19% f. Standard deviation and return of the market are 17.94%, 14.65% respectiv g. Correlation of the stock with the market is 0.96 h. Risk free rate is 5.25%