This is a subjective question, hence you have to write your answer in the Text-Field given below ABC Corp. is earning Rs. 4.04 per share currently. These earnings are growing at the rate of 3% annually. The required rate of return is estimated at 10%. Out of the earnings the firm pays 60% as dividend. Due to closure of one of the competing firm the estimates of growth are revised to 6% What would be the impact on the stock price and the PE multiple? [10.00 Marks] Options