16) IBM's monthly stock price in 2014 are given below. What is the monthly average return of IBM? What is the monthly standard deviation? Date 12/1/2014 164.52 11/3/2014 162.17 10/1/2014 163.28 9/2/2014 188.54 8/1/2014 190.99 7/1/2014 189.25 Close 17) Apple is expected to pay $2.50 dividend next year. Dividends will grow at 5.5% a year afterwards. Apple stock is selling for S52.50 today. Rd 7.5%, tax rate is 40%. Apple has 45% debt, 55% equity, what is the WACC of Apple? 18) You are currently working as a sales agent with an annual salary of $45,000. You are accepted to an evening MBA program that will cost $180,000 to complete in 3 years. After MBA your annual salary will increase to $60,000 per year. You will work for 20 years after MBA. Your cost of capital is 12%. Should you do an MBA