Smooth Ride Inc.'s future dividends is expected to increase by 5.9% each year. The company just paid $2.75 annual dividend. If Nancy requires an annual return of 10.1%, she is willing to pay for one share of the company's stock. $34.67$72.09$18.20$69.34$28.83 Question 18 (4 points) Saved Smooth Ride Inc. has a cost of equity of 12%, a pretax cost of debt of 6%, and a tax rate of 20%. Equity is 70% of the firm's market value. The company's weighted average cost of capital is 7.42%10.82%6.60%9.84%8.74%