return is 19.82%. (10 pts) (A) $8.3 (B) $11.36 (C) $16.44 (D) $5.76 Exercise & A company's next year dividend will be DIV1= $8.85.The payout ratio is 70% and the return on equity is 27.73%. Calculate the PVGO if the required rate of return is 18.16%. (10 pts) (A) $11.82 (B) $5.74 [C) $20.32 (D) $15.64 Exercise 9 Your company has the following proposed projects that have a cost of capital of 11.77%