Which of the following statements is CORRECT?

Group of answer choices

1.) If a firm is more profitable than average (e.g., Google), we would normally expect to see its stock price exceed its book value per share.

2.) Typically, a firm's DPS should exceed its EPS.

3.) The more depreciation a firm has in a given year, the higher its EPS, other things held constant.

4.) If a firm is more profitable than most other firms, we would normally expect to see its book value per share exceed its stock price, especially after several years of high inflation.