International Corporate Finance 2023-24 Coursework Assignment Company Data Islington plc The company is a UK based multi-national manufacturer whose shares and bonds trade on the London Stock Exchange. Its shares are a constituent of the FTSE All-Share index. Its policy is to remit all overseas cash flows back to the UK at the end of each year and it has historically only accepted projects with a discounted payback period of 5 years or less. You have gathered the following data: Earnings and dividend per share Year end 30th September Earnings per share (p) Dividend per share (p) Equity capital Number in issue (million) Market price (p) Beta value Debt capital Actual 2023 49.0 27.0 75 760 1.30 Forecast 2024 53.4 29.4 ex the final dividend of Forecast 2025 58.2 32.0 20 p