D. $29.08 4. Last week, Railway Cabooses paid its annual dividend of $1.20 per share. The company has been reducing the dividends by 10% each year. How much are you willing to pay to purchase stock in this company if your required rate of return is 14%? A $4.50 B. $7.71 C. $10.80 D. $15.60 -5. Where does a "convertible bond get its name? A. The option of converting into shares of common stock. B. The option of increasing its coupon payments when interest rates increase. C. The option of converting from zero-counon to coupon-paving bond. DE 162.67% 3/6 CH SPOT 0