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Kanya is considering the share of A B company based on the following information. Equity shares : 1 5 , 0 0 0 with par

Kanya is considering the share of AB company
based on the following information. Equity
shares : 15,000 with par value of Rs.106%.
Debentures of Rs.1,00,000. The net cash flow
stream for the last five years is as given under :
Year: 2010,2011,2012,2013,2014
Cash flow ,50,000,55,000,60,000,65,000,70,000
(Rs.)
The company earnings are expected to grow by 8%
in future. The weighted average cost of capital is
12%. Find the value of the share of the company.
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