1. Eastern Auto Parts' last dividend was Do = $0.50, and the company expects to experience no growth for the next 2 years. However, Eastern will grow at an annual rate of 5 percent in the third and fourth years, and, beginning with the fifth year, it should attain a 10 percent growth rate which it should sustain thereafter. Eastern has a required rate of return of 12 percent. a. What should be the present price per share of Eastern common stock? b. How would your answer change if required return is higher? Make no calculations. c. If the stock traded in the market for $30, what would you suggest to investors about this stock