please a need help to this assignment thanks in advance.

Long term finance: Equity finance (a) Brand plc generates profit after tax of 15 per cent on shareholders' funds. Its current capital structure is as follows: Ordinary shares of 50p each 200,000 Reserves 400,000 total: 600,000.The board of Brand plc wishes to raise 160,000 from a right issue in order to expand existing operations. Its return on shareholders' funds will be unchanged. The current ex-dividend market price of Brand plc is 1.90. Three different rights issue prices have been suggested by the finance director: 1.80, 1.60 and 1.40.

a) Determine the number of shares to be issued, the theoretical ex-rights price, the expected earnings per share and the form of the issue for each rights issue price. Comments on your results.

(b) It has become common for companies to offer their shareholders a choice between a cash dividend and an equivalent scrip dividend. Briefly consider the advantages of scrip dividends from the point of view of: (i) the company; (ii) the shareholders.