The selling price of Intel Corp. Ltd.s common stock is $40 per share. Its earnings were reported to be $8 per share, of which an amount of $3.20/share was paid as dividends. i) Calculate the Intel Corp. current P/E ratio. ii) Suppose that the companys earnings are anticipated to grow by 9% per year. Calculate the expected price for the next year while keeping in mind that the P/E ratio remains constant. iii) Now, if an investor had a required rate of return of 15%, and he expected the dividend payout ratio to remain constant and also dividends to raise at a rate of 9 percent. Please suggest would you buy this stock? (Do the working/calculation). Explain your answer