Company Q's current return on equity (ROE) is 16% it pays out 60 percent of eamings as cash dividends (payout ratio - 0.60 ) Current. book value per share is $52. Book value per share will grow as Q reinvests earnings. Assume that the ROE and payout ratio stoy constant for the next four years. After that, competion forces ROf down to 12.5% and the payout ratio increases to 0.90 . The cost of equity is 12.5%. a. What arr O' rPS and dividends in years 1, 2,3,4, and 5 ? b. What is Cis stock worth por share? Complete this question by entering your answers in the tabs below. What are Q's EP5 and alvidends in years 1, 2, 3, 4, and 5 ? Note: Do not round intermediate calculations. Found your answers to 2 decimal places. Company O's current retum on equity (ROE) is 16%. It peys out 60 percent of esrnings as cash dividends (paycut ratio =0.60 ). Current book value per share is \$52. Book volve per share will grow as Q reinvests earnings: Assume that the ROE and payout ratio stay constant foc the next four yoars. Aher that, competition forces ROE down to 12.5% and the poyout ratio increases to 0.90 . The cost of equity is 12.5%. a. What are Q's EPS and dividends in years 1,2,3,4, and 5 ? b. What is Q's stock worth per shise? Complete this question by entering your answers in the tabs below. What is Q's stock worth per share? hote: Do not round intermediate calculations. Round your enswer to 2 decimal places