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Could you calculate with no excel, thanks Q2.d) Sri Kembangan Bhd. has adopted a policy of increasing the annual dividend on its common stock at

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Could you calculate with no excel, thanks

Q2.d) Sri Kembangan Bhd. has adopted a policy of increasing the annual dividend on its common stock at a constant rate of 3% annually. The last dividend it paid was $0.90 a share. What will the company's dividend be in six years? [3 Marks] Q3.a) You are a finance officer of Oak Furniture and is responsible in deciding whether to invest in a fouryear project that has a cost of $90,000. The project will generate after-tax cash flows of $32,000 per year over the 4-years period. Assume that the appropriate discount rate is 10%, calculate the payback period, net present value (NPV) and profitability index (PI) of the project. Explain whether you accept or reject the project using NPV and PI. (Provide working steps, and write final answer in 2 decimal points

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