Valuation of shares under earning yield method.

Please refer to the requirement of the question brother, In the question it is clearly mentioned EPS is basis, still I need to clarify few things here.

• Valuation is not exact science and the basic rules are to be followed rest all differs from valuer to valuer, one may take FMP here but the objective here is to clear the examinations so be exam oriented.
• In yield basis yes one needs to take FMP or should I say Adjusted FMP after tax for calculation of earning rate but if specifically, EPS is mentioned just take the actual EPS that is actual profits and not future adjusted profits.