c) You are asked to analyze the performance of a company based on its latest annual report. After considering past trends and adjusting for the current economic conditions, the company is expected to have a profit of $24 billion will grow at the rate of 6% next year. From the annual report, the number or shares outstanding are 3,000,000 units. The quoted share price is current at $24.50 per unit. The P/E ratio and required rate of return in determined to be 3 times and 15%. Would you recommend investors to buy the shares?