Find below the Company's financial statements for year 2525. Balance Sheet, 12/31/2525 Income, 1/1 12/31/2525 $315 Current assets $1,315 Debt Sales $13,800 $2,400 PP&E $1,400 Stockholders' equity total costs $13,400 $2,715 Total assets $2,715 net income $400 dividends $150 new retained earnings $250 For 2526 the asset turnover (sales/total assets), net profit margin (=net income/sales), payout ratio (=dividendset income) and price-to-earnings ratio (now 17.4) will be constant. The number of shares outstanding is 100. The firm seeks maximum growth by relying exclusively on retained earnings; external financing will be zero. What is the equity price-to-book ratio at year-end 2526? 6.78 5.35 3.69 4.58 2.34