A firm earns return on investment at the rate of 20%, earning per share is ` 15, payout ratio is 50%, cost of equity is 12%; the market price per share as per Walter's model is:

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Management
Organizational Behaviour
Human Resource Management
Financial Statements
Financial Management
Strategic Management
Consumer and Industrial Buying Behavior
Statistics for Management
International Business
Entrepreneurship Development


A firm earns return on investment at the rate of 20%, earning per share is ` 15, payout ratio is 50%, cost of equity is 12%; the market price per share as per Walter's model is: