ABC Shoe Apparel Inc recently announced they will pay their first annual dividend next year in the amount of 0.75 a share. The dividend will be increased by 4 percent annually thereafter. How much are you willing to pay for one share of this stock if you require a 10 percent rate of return? 12.50 $13.83 $2158 $22.91 V There is not enough information to calculate the answer ABC Golfwear Inc. has a cost of equity of 11 percent and a pre-tax cost of debt of 7 percent. The firm maintains debt of 13 of total assets and equity of 2/3 of total assets (te, debt-equity ratio of 5) and has a tax rate of 35 percent. What is the firm's weighted average cost of capital (WACC)? O 713 percent 8.42 percent 8.85 percent 9.00 percent 9.16 percent ABDOX Inc. is expected to pay a dividend of S108 in the coming year (D1 = 51.08). The company will increase its dividend payment at a growth rate of 5 percent every year indefinitely (g = 5.0%). If the required rate of return on the stock is 9%, what is the current value of the company's stock O $1.08 $1.13 $27.00 O $28.35 $29.43