a. Select one business that offers the best investment value. Using the relevant financial details given, explain your answer.

b. If the dividend is projected to rise by 10 percent for all businesses and your needed rate of return is 15 percent, how will your answer in (a) be different? Display all the estimates and explain your answer.

Banks Financial Net Profit Net Asset Dividend Dividend Earning Price Market Cap Price as at Year End $ Price per (cents) Yield per share Earning 18 Dec 2020 billion) share $ $ Billion $ TRUST BANK 31/12/19 8.48 7.26 64.0 0.08 73.45 11.21 94.9 8.45 31/12/19 3.58 11.23 73.0 0.04 141.97 14.32 79.8 20.56 DEMORATE BANK ZEIN BANK 31/12/19 4.46 5.67 26.00 0.06 46.98 9.53 42.4 4.26 30/03/2020 1.45 CHAR BANK 6.18 13.30 0.04 44.64 7.59 11.0 3.66 IRSG 30/06/2020 2.49 13.30 36.0 0.02 121.88 16.06 40.1 18.48