Joseph Kimeu is trying to determine the value of Bidii Ltd.‟s ordinary shares. The earnings growth rate over his planned six-year holding period is estimated to be 10%, and the dividend payout ratio is 60%. The ending price earnings (P/E) ratio is expected to be 20 and the current earnings per share are Sh.4. The required rate of return for this share is 15%.Compute the market price of Bidii Ltd‟s ordinary share.