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Asssume in a) above that ABCO also has a pension fund, which has a net asset value of ksh 5 billlion, implying that ABCOs stock
Asssume in a) above that ABCO also has a pension fund, which has a net asset value of ksh 5 billlion, implying that ABCOs stock is really worth ksh 9 billion instead of ksh 4 billlion. The sh 5 billion in pension fund is invested in short term government risk free securities yielding 5% per year. Recalculate parts i) and ii) of a) to reflect this information
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