A company requires $8 million borrowed fund to avail all of its good investment opportunities of $23 million, which will generate on an average 23 per cent return. Find the amount of next dividend under two-period perfect certainty model when the market rate of return is 11 per cent. [IMPORTANT: Write only numbers in million dollar with two-decimal places, properly rounded. For example, if the answer is $12.3456 million, write '12.35' only] A company requires $8 million borrowed fund to avail all of its good investment opportunities of $23 million, which will generate on an average 23 per cent return. Find the amount of next dividend under two-period perfect certainty model when the market rate of return is 11 per cent. [IMPORTANT: Write only numbers in million dollar with two-decimal places, properly rounded. For example, if the answer is $12.3456 million, write '12.35' only]