Please answer the following questions carefully.

a) For a three-year circus event, the company has paid a dividend of $1.20 per share. Additionally, the company announced an expected dividend of $3.00, $4.00 and $4.50 for the next three years. Determine whether you would purchase the companys share if the shares are selling at $8 each and your required rate of return is 12%.

b) A electronics company has issued a 5-year zero-coupon bond with a face value of $100 at a price of $540.00. Would you buy the bond if your required rate of return is 12%?

c) You are asked to analyze the performance of a company based on its latest annual report. After considering past trends and adjusting for the current economic conditions, the company is expected to have a profit of $24 billion will grow at the rate of 6% next year. From the annual report, the number or shares outstanding are 3,000,000 units. The quoted share price is current at $24.50 per unit. The P/E ratio and required rate of return in determined to be 3 times and 15%. Would you recommend investors to buy the shares?

d) The 10-year bond of Hightech Electronics with a face value of $100 carries a coupon rate of 8% which is paid semi-annually. The market interest rate currently stands at 10%. Calculate the intrinsic value of the bond.