Write a declaration of referable further than 3000 opinion (marks accomplish be deducted on a layer of 10% coercion full extra 100 opinion)) on the dividend prudence of the aggregation, paying regard to the following:
1. Using the aggregation particular referableice and the Consummate Asset Pricing Design to love the aggregation’s require of equity, weighted mediocre require of consummate and its portion-out charge. Critically parallel the loved charge with the developed portion-out charge. To love require of equity, representation the aggregation’s dedicated beta appraise on the aggregation’s web page. Also wear the dispense objurgate of produce is 12%.
2. Obtain the axioms on your clarified aggregation’s advantage, dividend acquittal, portion-out charge, every portion-out index and wear the ordinary inflation objurgate is 3%. Using the axioms, evaluate the ordinary dividend prudence of the aggregation and weigh whether or referable the aggregation’s dividend prudence has been lucky.
3. Using Fisher-Hirshleifer design, weigh firms’ investment decisions and role of consummate dispenses.