1. Which of the following can cause the current price of a stock to go down? I. higher dividend growth rate II. lower ROE III. higher dividend payout in the future IV. higher discount rate II and IV only II. III and IV only I. II, and III I, III, and IV Question 3 All things equal, which of the following would result in lower WACC? higher beta for the company's stock higher cost of equity higher tax rate higher portion of equity financing higher cost of prefer stock