Problem:

Using the annual report and other sources from my final project company, DPR Construction, discuss the dividend policy of the company.

Answer the following questions.

Question 1: How would you describe your chosen company's dividend policy?

Question 2: Why do you believe this company chose the dividend policy they have in place?

Question 3: Do you agree or disagree that they have selected the best dividend policy for the company?

Question 4: How might this dividend policy function in both perfect and imperfect capital markets?

Question 5: Calculate this dividend rate over the past 5 years. Define why you believe that it has or has not changed over the past 5 years. Please provide step by step solution and also provide authentic solution.