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The dividends and earnings of PrinceGee Photography over the last five years have been as follows: The company is financed entirely by equity and the

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The dividends and earnings of PrinceGee Photography over the last five years have been as follows: The company is financed entirely by equity and the Market value of the shares is K335, 000 at K335 per share ex-div. i. What dividend Policy does PrinceGee Photography follow? Support your answer with calculations and evidence ( 7 Marks) ii. What is the book value of the shares of PrinceGee Photography ( 3 Marks) iii. What is the cost of Equity (10 Marks) The dividends and earnings of PrinceGee Photharanhu nvar tha lact fiva waare hawa hoan as follows: The company is financed entirely by equity and the Market value of the shares is K335,000 at K335 per share ex-div. i. What dividend Policy does PrinceGee Photography follow? Support your answer with calculations and evidence ( 7 Marks) ii. What is the book value of the shares of PrinceGee Photography ( 3 Marks)

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