The following are several reasons for studying the Financial Services Royal Commission: 1. Ethics education could help prevent misconduct in the industry in the future. II. The Royal Commission is possibly funding this ethics program. III. The findings uncovered widespread misconduct which was probably unethical. IV. Ethics education will help employees deal with ethical issues more responsibly. V. Understanding these findings will help professionals not get caught for unethical behaviour in the future According to what we learned in the Ethics in Finance modules, why are the findings of the Financial Services Royal Commission relevant to this ethics program? Which is the best answer? Select one: O a. I, III, IV O b. II. V O c. III, IV O d. I, III O e II, IV Depressed Panda Slaughterhouses has just paid an annual dividend of $2.59. Analysts expect this dividend to grow at 19.1% per year until the end of year 18. Thereafter, growth will level off at 5.7% per year in perpetuity. To be explicit on timing cash flows grow by 19.1% until t= 18, the t= 19 cash flow will be 5.7% bigger than that the t=18 cash flow, and then cash flows grow by 5.7% annually in perpetuity. The cost of equity capital for Depressed Panda Slaughterhouses is currently 10.0% per annum. According to the dividend-discount model, which of the following is closest to the value today of a share of Depressed Panda Slaughterhouses? O a $374.07 O b. $389.30 OC. $384.27 O d. $395.46 O e. $304.99 Of. $349.87 O g. $403.18 Oh. $284.67