Assume a two-period certainty model where the market rate of interest is 10%. You are a financial analyst with Moreland Ltd. The company desires not to borrow, and has decided that capital expenditure in the current period be limited to its cash holdings of $1,000,000. The firm has the following six one-year term investment opportunities available to it at the present time: Proposal Outlay - Now ($) Next Year's Return (Expected Cash Inflows) ($) A 250,000 310,000 B 250,000 280,000 250,000 270,000 D 250,000 260,000 E 250,000 290,000 F 250,000 274,000 Any money not invested in a project will be returned to the shareholders immediately. Explain which proposals the firm should undertake. The firm is owned by shareholders, who possess 20,000 shares in total, and Jessica holds 5,000 shares of the company. She will require $80,000 now and $90,000 in a year's time for her consumption needs. In addition, she wishes to travel overseas this month which will cost $40,000. Calculate how much dividend will Jessica receive from Moreland Ltd now and in next year and explain with calculation how she can rearrange her income so she can do all she wants. (Show all calculations and show answer correct to two decimal places.)