A semiannual, 7 percent bond matures in 14 years and has a face value of $1,000. The market quote on this bond is 1,028 . What is the aftertax cost of debt if the tax rate is 33 percent? Multiple Choice 6.87 percent 4.48 percent 4.26 percent 6.29 percent Last year, Wilderness Adventures paid an annual dividend of $3.50 per share. The firm recently announced that it will increase its dividend by a constant 11.5 percent annually. What is one share of this stock worth today at a required rate of 17.4 percent? Multiple Choice $67.35 $65.65 $67.23 $66.14