Suppose that Pizza Industries has a cost of equity of 12% and a cost of debt of 10%. If the debt/equity ratio is 75%, and the tax rate is 27%, what is Pizza Industries' weighted average cost of capital (WACC)? 8.40% 7.90% 9.99% 10.50% Close Inc. pays quarterly dividends of $3.00 dividend and will maintain this policy forever. What price should you pay for one share of preferred stock if you want an annual return of 7.5% on your investment? $128.00 $160.00 $178.00 $184.00