If next year's dividend is forecast to be $5.60, the constant-growth rate is 4%, and the discount rate is 16%, then the current stock price should be: Multiple Choice $44.80 O O $48.70 O O $35.00 O O $46.67 What is the residual income for a firm with $1.5 million in total capital, $250,000 in net income, and a 15% cost of capital? Multiple Choice $187,500 O $25,000 O O $750,000 $212,500 O For a corporation in the 25% marginal tax bracket that incurs $65 in labor and materials expense, plus $10 in depreciation expense while generating an incremental revenue of $95, tax liability will increase by: Multiple Choice $5.00 O O $13.75 O $23.75 O $7.50