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FIN700–Financial Management Add in library

Referencing Styles : Harvard
a)    This is a two period certainty model problem. Assume that Daisy Brownhas a sole income from FantasyLtdin which she owns 15% of the ordinary share capital. Currently, she has no savings.In February, 2018, Fantasy Ltd reported net profits after tax of $600,000, and announced it expectsnet profits after tax for the currentcalendar year, 2018, to be 30% higher than last year’s figure. The company operates with a dividend payout ratio of 75%, which it plans to continue, and ...

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