Aria is losing significant market share and thus its managers have decided to decrease the firm's annual dividend. The last annual dividend was $.86 a share but all future dividends will be decreased by 0.8 percent annually. What is a share of this stock worth today at a required return of 17.8 percent? A) $4.99

B) $4.06

C) $4.41

D) $4.95

E) $4.25

Bingo Company has net income of $48,200, sales of $947,100, a capital intensity ratio of .87, and a total equity of $1,000,000. What is its return on equity? A) 16.78 percent B) 10.19 percent

C) 7.58 percent

D) 1.93 percent

E) 4.82 percent