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(07)2 The following information is available in respect of Manav Co. Ltd.:o No. of shures outstanding (N) 80.000 sharesCurrent market price (Po): Rs. 15 per shareo The company is considering dividend (DIV) of Rs. 2 per share for current yearo Equity capitalization rate (K.) is assumed to be 20%.The company expect a net profit of Rs. 2,40,000 during the yearwA) What will be the price of share at the end of year (P.)? [Use MM model for calculation)1) If dividend is paid2) If dividend is not paidB) Suppose the company wants to do new investment of Rs. 5,60,000 during the year, how manynew shares must the company issue? [Use NM model for calculation]1) Idividend is paid2) If dividend is not paid​

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