Ramsay Films has two businesses $-$ making movie and running theatres. The movie$-$making business has an unlevered beta of $1\mathrm{.}1$ and the theatres business has an unlevered beta of $0\mathrm{.}9.$ The firm has equal weight in both businesses and a debt$-$equity ratio of $0\mathrm{.}2.$ The risk$-$free rate is $6\%$ and the market risk premium is $5\%.$ The firm just paid a dividend of Rs$.7$ per share out of its total earnings of Rs$.10$ per share. The ROE for the first is $20\%.$ If the firm is already stable, what is the value of its shares? The tax rate is $30\%.$

a$.$

$108\mathrm{.}48$

b$.$

$130\mathrm{.}18$

c$.$

$118\mathrm{.}34$

d$.$

$141\mathrm{.}27$