Financial Learning Systems has 2.3 million shares of common stock outstanding and 108,695 shares of preferred stock. (The preferred pays annual cash dividends of $5.02 a share, and the common pays annual cash dividends of 21 cents a share.) Last year, the company generated net profit (after taxes) of $6,956,703. The company's balance sheet shows total assets of $88 million, total liabilities of $32 million, and $5 million in preferred stock. The firm's common stock is currently trading in the market at $40.81 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 $4.21 and the P/E ratio stays where it is? What will happen if EPS drops to $1.74 and the P/E doesn't change? c. What will happen to the price of the stock if EPS rises to $4.21 and the P/E jumps to 20.8 times earnings? d. What will happen if both EPS and the P/E ratio dropto $1.74 and 7.8 times earnings, respectively? e. Comment on the effect that EPS and the P/E ratio have on the market price of the stock