From the following figures calculate the value of a share of Rs.10 on (i) dividend basis, and (ii) return on capital employed basis, the market expectation being 12% .
|
Year ended |
Capital Employed |
Profit |
Dividend (%) |
|
31st March |
Rs |
Rs |
|
|
2008 |
5,00,000 |
80,000 |
12 |
|
2009 |
8,00,000 |
1,60,000 |
15 |
|
2010 |
10,00,000 |
2,20,000 |
18 |
|
2011 |
15,00,000 |
3,75,000 |
20 |