Please answer the following

(15 points question total) A corporation has a current P/E ratio of 2.8 and a current P/B ratio of 1.4. The company has a cost of equity of 50%, a realized rate of return on equity, ROE, of 50%, and an equity reinvestment rate of 80%. The company announces that it will decrease its equity reinvestment rate to 50% effective immediately. (a) (5 points) Find the new P/ E ratio of the company following its reinvestment policy change. (b) (5 points) Find the new P/ B ratio of the company following its reinvestment policy change. (c) (5 points) Find the new PEG ratio of the company following its reinvestment policy change