Financial Learning Systems has 1.6 million shares of common stock outstanding and 45,876 shares of preferred stock. (The preferred pays annual cash dividends of $4.65 a share, and the common pays annual cash dividends of 23 cents a share.) Last year, the company generated net profit (after taxes) of $6,884,440. The company's balance sheet shows total assets of $73 million, total liabilities of $30 million, and $4 million in preferred stock. The firm's common stock is currently trading in the market at $37.88 a share. a. Given the preceding information, find the EPS, P/E ratio, and book value per share. b. What will happen to the price of the stock if EPS rises to $6.37 and the P/E ratio stays where it is? What will happen if EPS drops to $2.43 and the P/E doesn't change? c. What will happen to the price of the stock if EPS rises to $6.37 and the P/E jumps to 13.1 times earnings? d. What will happen if both EPS and the P/E ratio dropto $2.43 and 5.4 times earnings, respectively? e. Comment on the effect that EPS and the P/E ratio have on the market price of the stock