1. wellford corporation's cost of preferred equity is 10%. preferred equity in the capital structure is $40. Welford has preferred dividends of a. $4.00 b. $ 40 c. $5.50 d. none of the above 2. generally, the cost of capital is set by a. external b. pricing considerations c. none of the above 3. the present value of future cash flow per share is $45 for janssen corporation. the current earnings per share is $9.00. the implied price earning ratio is a. 5 b. 10 c. 15 d. none of the above 4. which of the following leans away from the selection of debt for financing? a. control b. income c. flexibility d. none of the above 5. control focuses on the a. firms ownership b. sequencing of financial alternatives c. speed associated with obtaining the funds d. none of the above