WORLD SINCEOOTW Referral Deferral Time As.. Search As Mulhes com Alexander, a tund manager, has been given responsibility for the following share portfolio: Share Share Price Number of Shares Beta Theta Pic 1.20 50000 1.30 Sigma Pla 1.40 35000 0.90 Lambda Pic 1.30 60000 1.50 The market required rate of return is 10% and the Treasury bill rate is 3%. Required: 1. Calculate the weighted beta for the portfolio 16 Marks) Calculate the required rate of return for the portfolio 14 Marks) [Total 10 Marks) Question 4 Explain the residual theory on dividend policy. 13 Marks) I. Discuss how taxation affects the dividend policy of a firm. [3 marks] . Explain the Modigliani and Miller (1961) theorem on dividend irrelevance [4 Marks) MacBook Air