Can you answer these? True or false

11. If the last dividend paid = $5, the dividend growth rate = 6% and the current stock price = $100, the cost of equity > 11%. 12. Both bank loans and bond sales are examples of debt capital. o O O O 13. Yield-to-maturity and R are not synonymous. 0 O 14. It is fair to think of preferred stock as a perpetuity. 0 0 15. The after-tax cost of debt > Rd