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2. You are the valuation expert of Foreclosure Fund (FF). You are given the duty of valuation of Superior Company (SC). Last dividend announced and

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2. You are the valuation expert of Foreclosure Fund (FF). You are given the duty of valuation of Superior Company (SC). Last dividend announced and paid was 1:35 TL The company has good prospects and is expected to grow by 17%, 15%, 12% and 10% respectively for the next four years. Starting from fifth year, SC is expected to grow by 4% forever. If the minimum acceptable rate of retum for the FF is 14%, please answer the following questions Fund usually keeps the shares for 4 years, what would be the expected price for the end of fourth year? b. What is the maximum price PF should pay today! If the shares are already traded in ISE with a price of 35 TL what would be your suggestion or strategy as a Fund officer As an individual investor

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