Question 2 (20 marks) (i) Suppose Lamey Laboratory, one of the subsidiaries of Pfizer, increases its annual dividend by 1.5 percent annually. The stock sells for $28.40 a share at a required return of 14 percent. What is the amount of the last dividend this company paid? (4 marks) (ii) Lamey Laboratory also has $1,000 face value bonds outstanding with a market price of $1,013. The bonds pay interest annually, mature in 11 years, and have a yield to maturity of 5.34 percent. What is the current yield? (8 marks) (iii) Discuss the impacts of using debt and equity financing from the company's point of view for Lamey Laboratory. (8 marks)