Corporation tax is 17% The dividend history for the firm is shown below. The 2020 dividend has just been paid. Year Dividend (p) 2015 12.0 2016 13.0 2017 14.0 2018 15.5 2019 16.8 2020 18.0 a) Estimate the growth rate for the company. (3 marks b) Calculate the return on equity (ROE) that Peach Plc is achieving. (2 marks c) What is the total market value of the ordinary shares of the firm? (2 marks d) Calculate the Weighted Average Cost of Capital (WACC) for the company. (4 marks e) Critically discuss the Capital Asset Pricing Model (CAPM). Your answer should include assumptions, conclusions, empirical evidence and alternatives. (14 marks (Total 25 marks Continued