Suppose SolarHeat Co., a renewable energy startup is expected to generate earnings of $4 per share next year. If the mean ratio of share price to expected eamings of competing firms in the same industry is 15 , then using the price earnings valuation method, the valuation of the firm's shares is: $51.00 per share $60.00 per share $61.80 per share $64.20 per share Which of the following are limitations to the price-earnings model? Check all that apply. It can result in inaccurate valuations when the firm's future earnings are incorrectly estimated. It assumes that uncertainty cannot be accounted for because it doesnt allow expectations about investors' required rate of return to change. It can result in inaceurate valuations when investors rely on an industry price-earnings ratio that uses a collection of firms that is too broad. It can result in inaccurate valuations when the firm being evaluated retains most of its earnings, rather than distributing them as dividends