ATHINA S$.$A$.$ is going to absorb Venture S$.$A$.$ and assigns you its valuation

her. Venture's last profits amounted to $200$ thousand, of which $120$ thousand

paid as a dividend. You estimate that the appropriate prospective P$/$E for Venture is $7\mathrm{.}5.$

Venture S$.$A$.$ has issued $200$ thousand shares. If the cost of equity capital amounts to

$10\%,$ future earnings grow at a constant rate in perpetuity and in the future it pays out same percentage of profits as dividend, what is the value of the Venture?