A share of Tension-free Economy Ltd. is currently quoted at, a price earning ratio of 2.5 times. The retained earning per share being 37.5% is Rs. 3 per share. Compute: (1) The company's cost of equity, if investors expect annual growth rate of 12% (2) If anticipated growth rate is 13% p.a., calculate the indicated market price, with same cost of capital. (3) If the company's cost of capital is 18% and anticipated growth rate is 15% p.a., calculate the market price per share, assuming other conditions remain the same