Roscy Homeware Limited is a company limited by shares, incorporated and domiciled in Australia. It provides home renovation services, home decor, plants, home accessories and home designs services for business and households. Consider the following information relating to Roscy Homeware Limited:

Roscy Homeware Limited	($)
Share price in Jan 2021	36
Share price in Jan 2022	40
Dividend per share paid over the year	0.43

• P/E ratio in Jan 2022: 23.8
• Total number of issued ordinary shares (million): 106.12

Calculate the following measures for Roscy Homeware Limited, based on the information provided above:

1. Holding period return over the year [4 marks]
2. Net profit for the year [4 marks]
3. Market capitalisation in Jan 2022 [4 marks]

Note: Show all your workings for each part.

Part B

1. Explain high-frequency trading. Why is a retail trader unable to use the same trading strategy? (Maximum: 300 words) [8 marks]

2. Why are financial system susceptible to crisis? (Maximum: 300 words) [5 marks]

Note: Part B (a) and (b) are independent questions. Clear, logical and succinct writing showing creativity and real understanding will be rewarded.