Note ( answer all questions) to get thums up

Q3: A company has 300,000 shares of outstanding common stock and a market price of Tk 100 per share. Below theres a shareholders equity statement of the company: 5

	Shareholder's Equity
	Share Capital (300,000 Shares Par value TK 10 )	3,000,000
	Reserve	800,000
	Retained earnings	3,000,000
	Total shareholder's equity	6,800,000

Then show the impact on no. of shares and stock price for the following -

a) 10% Cash Dividend 1

b) 20% Stock Dividend 2

c) 2:5 Reverse Stock Split 2

Q4: Consider the following cash flows of two mutually exclusive projects for Tokyo Rubber Company. Assume the discount rate for both projects is 10 Percent

Time	Project A	Project B
0	-14000	-7500
1	4100	3750
2	9000	6000
3	7500	3900
4	3000	0

Two projects have unequal lives. Calculate Annualized Net Present Value (ANPV) of each project and choose the better project.