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19 Southland Tours has net income of $2 million this year. The book value of Southland Tours common equity is $8 million dollars. The company's

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19 Southland Tours has net income of $2 million this year. The book value of Southland Tours common equity is $8 million dollars. The company's dend payout ratio is 60% and is expected to remain this way. What is Southland Tours Internal OA OB. 155 OC. 6% OD. 10% 20. South Stage, Inc. preferred stock pays an annual dividend of $2.75 per share. If the stock is currently selling for $27.50 per share, what is the expected rate of return on this stock? OA 2.75% OR 27.5% OG 100% OD 17.5% 21 TC, Inc. has $15 million of outstanding bonds with a coupon ate of 10 percent. The yield to maturity on these bonds is 12.5 percent them's taxes 30 percent, what is relevant cost of debt financing to TC, Inc.? OA 100 percent OB 1975 percent OC 875 percent 22 Gen the towing information on S & Inc.'s capital structure, compute the company's weighted average cost of capital Type of Capital Percent of Capital Structure Before-Tax Component Cost Bonds Stock 7.5% Common Skirt Only 11% 55, 15% The company's marginal tax rates 40% OA 11 Osos Oce OD 13 Acompanhar stock with a cuenta price of $18 per share. The preferred stock pays an annual dividend de on apare of $100. Flotation costs associated with the sale of preferred stock equal $1.50 per share. The company's ma i s 40%. Therefore, the cost of preferred shock is OA MS c. 222 OD 420

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