Question 5 (Total 6 points) The following table supplies data on earnings per share (EPS), book value per share (BVPS), and the Beta Inc.'s return on equity (ROE). Beta Inc.'s current stock price is $32.0 per share. EPS, BVPS and ROE of Beta Inc. (currency in $) EPS 2006 0.84 3.00 28.0% 2007 0.68 2.80 24.3% 2008 0.69 2.65 26.0% 2009 0.70 2.99 23.4% 2010 1.05 3.90 26.9% 2011 0.82 3.72 22.0% 2012 1.12 4.03 27.8% BVPS ROE a) (3 points) Calculate a normalized EPS for Beta Inc. by the method of historical average EPS and then calculate the P/E based on that estimate of normalized EPS. b) (3 points) Calculate a normalized EPS for Beta Inc. by the method of average ROE and the P/E based on that estimate of normalized EPS