18. What is the cost of equity if the current price is $78, the next dividend is $5, and the growth rate in dividends is 3%?

3%

B) 5%

C) 6.41%

D) 9.41%

E) 9.6%

19. The theoretical principle for which cash flows are relevant to include in capital budgeting projects is called

A) Historical Adjustment

B) OCF (Operating Cash Flows)

C) Incremental cash flows

D) MACRS

E) GAAP