$3.$ Explain how a security would migrate between the primary and secondary markets

$4.$ Determine the after$-$tax dividend for a superannuation fund that pays $15\%$ tax on its income on

its $110,500$ shareholding in a company that earned $$12\mathrm{.}64,$ has a franking credit of $68\%,$ pays tax

at $30\%$ and has a dividend payout ratio of $71\%.\backslash$table$[[$Scenario$,$Asset A$,$Asset B$,$Probability$],[$A$,7\mathrm{.}25\%,-17\mathrm{.}50\%,22\%$