You are considering investing in Henderson Engineers Ltd$.$ The book value of shareholders$$

equity is $$40,0000,000.$ The firm has made a net profit of $$660,000$ for the

year ending $30$ June $2023.$ The earnings per share is $$1\mathrm{.}30.$ You

also find the PE ratio for firms similar to Henderson is $12.$

a$)$ What is the book value per share for Henderson Engineers Ltd$?$

b$)$ What price would you expect Henderson shares to sell for?

c$)$ Explain would you invest in this share and why.