Question 7 2 pts Which of the following stocks has the highest price (all with the same discount rate)? A is expected to pay a dividend of 3/share indefinitely. B is expected to pay a dividend of 3 beginning three years from today and then continue so indefinitely C is expected to pay a dividend of 3 for the next three years and then jump to 4 and continue so indefinitely. A B O No answer text provided. Question 17 2 pts Quirky Quiche is a retail chain specializing in - yes, you guessed it - quiche. Last year it earned $22,220,000 in after-tax profits. But it paid a dividend of $25,000,000 to its shareholders using its balance sheet cash. What is the result of the dividend payment? a) its profit is reduced to zero. b) Its book value is now higher by $2,780,000 c) Its cash position is reduced by $2,780.000 d) Its profits tax is lower than it would have been if the dividend equaled $22,220,000