A) Hurmuz Company Limited runs a large readymade garment system in the textile industry. It hopes to sell its common stock at OMR 65 at the end of third year. The dividend per share would be OMR 2 for the next three years. The required rate of retum is 12 per cent. What is the present price of this share? Do you think it is a good investment for the investor who is interested to such stock? (4 Marks)