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please help 1. Assumed a 2-peiiod case with perfect certainty and perfect capital market. Last year your company has made $700 million in Earnings. Now

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1. Assumed a 2-peiiod case with perfect certainty and perfect capital market. Last year your company has made $700 million in Earnings. Now {time D}, as a corporate manager. you have to decide how much earnings should be retained and how much to pay out as dividends- The table below shows the firm's production opportunities consisting of 6 independent projects. The riskfree interest rate is 15% pa. Show your investmentdividend decision in a graphical form. Explain 1} how you know that the decisions will satisfy all shareholders regardless of their time preferences for consumption 2) what is the main axiom behind your conclusion and 3) what is the value added created by that decision (i.e., compared to paying all earnings out as current dividend}? Project Initial Investment {513 migat to) Future Payoff ($ midst t1) A 140 B 105 C 180 D 110 E 200 F 120

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