2. What are the major sources of equity financing for private companies? 120 points] 3. Board announces dividend of $5 per share on purchase the stock before date. [20 points] Briefly discuss dividend increases and stock repurchases in the light of signaling hypothesis. [20 points) date. To receive dividend, investors need to date. Finally, eligible shareholders receive payments of $5 on 4. Microsoft MSFT), a software company, plans to acquire a dairy farm. Current WACC of MSFT is 890 Should MSFT use 8% in evaluating the acquisition of the dairy farm? Why? Why not? [20 points] 5, . QW Inc. has issued a bond with the following bond characteristics: Face value= $1000, Time to maturity-20 years, coupon rate 8%, Yield-to-Maturity 6 percent, semiannual coupon payments. [25 points] (no partial credit for this question) 6. rite down the current bond price formula. (Do not calculate) Write down the bond price 2 years from today (Do not calculate) b