In 2006 and 2007, Kenneth Cole Productions (KCP) paid annual dividends of $0.68. In 2008, KCP paid an annual dividend of $0.38, and then paid no further dividends through 2012. Suppose KCP was acquired at the end of 2012 for $14.57 per share. What would an investor with perfect foresight of the above been willing to pay for KCP at the start of 2006? (Note: Because an investor with perfect foresight bears no risk, use a risk-free equity cost of capital of 5.4% ) 9.56 19.23 15.23 11.66 Two years ago you purchased a new SUV. You financed your SUV for 60 months (with payments made at the end of the month) with a loan at 5.9% APR. You monthly payments are $617.16 and you have just made your 24th monthly payment on your SUV. Assuming that you have made all of the first 24 payments on time, then the outstanding principal balance on your SUV loan is closest to: $20,217$20,317$20,310$20,397