You are valuing the common stock of QRS, Inc. Comparable firms in the same industry have an average P/E=1. Comparable firms also have an average dividend yield =3.5%. QRS's forward EPS =$5.01, and QRS pays 60% of EPS out as dividends. QRS expects EPS and dividends to grow at 1% forever. a. What is the stock value using the average P/E ratio as a multiplier? b. Using the average dividend yield as a multiplier, what is the stock value? c. Use the dividend 63 count model and required return k=6% to estimate the value of one share of QRS common stock. d. Assume QRS's forward dividend yield = the industry average. Use the dividend discount model to compute the required return to QRS stock. Hint, solve the dividend discount model equation for k