An investor is looking for a four-year investment. The share of SK Company is selling for TK 75. They have a plan a dividend of Tk 7.5 per share each at the end of first and second year and Tk 9 and Tk 15 respectively at the end of third year and fourth year. If the investors capitalization rate is 12 per cent and the share price at the fourth years end is Tk 70. What is the value of the share? Would it be a desirable investment?

6. An investor is looking for a four-year investment. The share of SK Company is selling for Tk 75. They have a plan a dividend of Tk 7.5 per share each at the end of first and second year and Tk 9 and Tk 15 respectively at the end of third and fourth years. If the investor's capitalization rate is 12 per cent and the share price at the fourth year's end is Tk 70. What is the value of the share? Would it be a desirable investment