points each) 1. The current stock price of a company is $58.32 per share. The company pays out 70% of their earnings per share. Given an ROE of 8.25% and a required rate of return of 9.45% estimate next year's earnings. 2. You are researching healthcare companies and note that investors in this industry require an 8.75% rate of return while valuing the average stock at 19.5x earnings. Your company appears to be growing at the same rate as peers (5.4% per year), however your plowback ratio is 10% higher than peers. Your company expects EPS of $4.62 next year - estimate the intrinsic value