25. What should be the current price of a share of stock if a $9 dividend was just paid, the stock has a required return of 18%, and a constant dividend growth rate of 7%? a. $87.55 b. $50.00 c. $81.82 d. $38.52 26. Which of the following statements regarding technical analysts (TA), fundamental analysts (FA) and stock market efficiency is true? a. TA's believe that the stock market is weak-form efficient b. TA's believe that the stock market is not efficient at any level C. FA's believe that the stock market is semi-strong form efficient d. FA's believe that the stock market is strong form efficient 27. A company decides to issue some bonds in order to raise the funds required to expand their production facilities. This is an example of: a. a financing decision only b. an investment decision only c. a capital budgeting decision only d. both an investment decision and a financing decision