The assumed closing price for shares in company A is SEK 200. During the evening, new information about the company will appear, which indicates that the share price will go up to SEK 300 next year. According to the effective market hypothesis, EMH, what price will the share receive when the stock exchange reopens? The following information is available:

- the equilibrium interest rate on the bond market is 2%,

- the automotive industry's P / E ratio is 12,

- Earnings per share are SEK 30,

- Dividend per share is SEK 15,

- Growth in the share dividend is expected to be 4% ,

- your required rate of return is 5% and

- The equilibrium return of the share is calculated at 10%.