23. The ex-dividend date: You own 10,000 shares of ABC Co., which is currently trading for S11.50 per share. The company has announced that it will soon pay a special dividend of $1.50 per share. Tomorrow is the ex-dividend day. Ignoring taxes, what do you expect your block of shares will be worth tomorrow? - $100,000 B) $200,000 C) $15,000 D) S115,000 24. Financial risk A) B) C) D) decreases a firm's business risk. is related to how debt affects the business decisions of a firm. increases a firm's business risk. refers to the effect that a firm's financing decisions has on the riskiness to cash flows that investors will receive. 25. The cost of preferred equity: Billy's Goat Coats has a preferred share issue outstanding with a current price of $38.89. The firm last paid a dividend on the i $3.50 per share. What is the firm's cost of preferred equity? A)9% B) 790 C) 10% D) 8%