of Based on following information related to IBM Ltd. Determine the market price per equity share based on future earnings. i). Future maintainable profits after taxes $ 7,800,000 (ii). The company has 100,000 11% Preference shares of $100 each, fully paid- up. (iii). The company has 400,000 Equity shares of $ 100 each, fully paid-up. (iv). P/E ratio is 8 times. a. $134 b. $144 c. $34 d. $138