Company Qs current return on equity (ROE) is 25.0%. The firm pays out 20 percent of its earnings as cash dividends. (payout ratio = 20.0%). Book value per share at the start of this year was $200. Book value per share will grow as Q reinvests earnings. (Note that the book value per share at the start of the year is after the incorporation of the reinvested earnings for the previous year.) Assume that the ROE and payout ratio stay constant for the next four years (Year 1 to Year 4). After that (from Year 5 onwards), competition forces ROE down to 9.0%. Following the drop in ROE, the firm increases its payout ratio in Year 5 and subsequent years to 80.0% . The cost of capital is 8.0%. a. What are Qs EPS and dividends in years 1, 2, 3, 4, and 5? b. What is Qs stock worth per share