Question 1 (total of 12 marks): Data about a company and the financial markets are given below. All rates are effective annual rates. Assume a classical tax system. . The company has 1 million shares. . The shares are expected to pay their next annual dividend of $20 in one year, which will grow by the 2% inflation rate every year after that. . The beta of the company's equity is 1.5. . The company is also funded by 2 million 10-year bonds which it just issued. Each has a $100 face value, a 4% pa yield to maturity and a 3% pa coupon rate, paid annually. . The corporate tax rate is 30%. 10 year government bonds yield 1% pa and have zero coupons. . The ASX200 market index has a total expected return of 6% pa