QUESTION 2. [(1+1+1+1+1)+(1.5 +1.5 + 2) = 10 Marks] A. It is 1 July, 2021. Hawk Ltd has a market capitalization rate (or required return) of 11%. Over 2021-22 (the financial year ending 30 June, 2022, the company's return on equity (ROE) is expected to be 16% and its earnings per share (EPS) is predicted to be $4.80. The firm's plowback ratio is 30%. 1. Calculate, for Hawk Ltd: i. The dividend payout ratio. ii. The expected dividend at the end of 2021-22. iii. The dividend growth rate (g"). iv. The theoretical share price at 1 July, 2021 (correct to the nearer cent). v. The P/E ratio. II. Do the above answers suggest that an ordinary share purchase in Hawk Ltd is an attractive investment? Explain why