The following are earnings and dividend forecasts made at the end of 2012 for a firm with $20.00 book value per common share at that time. The firm has a required equity return of 10percent per year.2013 2014 2015EPS 3.00 3.60 4.10DPS 0.25 0.25 0.30a. Forecast return of common equity (ROCE) and residual earnings for each year, 2013-2015.b. Based on your forecasts, do you think this firm is worth more or less than book value? Why