N-03 83 A company has net cash earnings of 25 million. Its paid up share capital is 3 200 million and the par value of share is 10. If the company makes no new investments, it is expected to grow at 2% per year indefinitely . It does have an investment opportunity of investing 10 million that would generate annual net cash earnings of 2 million for next 15 years. The company's opportunity cost of capital is 10%. You are required: (a) to find the share value if the company does not make the investment; (b) to calculate the proposed investment's NPV; and (c) to determine the share value if the investment is undertaken? inriocted figures for the next 5 years