A. What is the expected dividend in two years? Suppose NI = $85,000

B. What is Samsung's WACC?

Samsung's capital structure is 65% ordinary equity and 35% debt. He has operating assets equal to $1,000,000. Samsung's pre-tax cost of debt = 11%, tax rate is 38%, and marginal cost of equity = 15.54%. Retained earnings are sufficient to provide the ordinary share capital portion of the capital budget. The current stock price is $33.5 and the dividend payout ratio is 45.67%. Samsung dividend has a steady growth rate