There are several disadvantages to the payback period, one of which is that: Multiple Choice payback can be used in conjunction with time adjusted methods of evaluation. payback is easy to use and to understand. payback emphasizes receiving money back as fast as possible for reinvestment. O payback Ignores the time value of money, A firm is paying an annual dividend of $2.50 for its preferred stock which is selling for $50.00. There is a selling cost of $4.00. What is the after tax cost of preferred stock if the firm's tax rate is 33%? Multiple Choice O O 5.43% O 6.20% a 5.00% O 8.00% The coupon rate on a debt issue is 13%. If the yield to maturity on the debt is 10%, what is the after tax cost of debt (for a cost of capital calculation) if the firm's tax rate is 34%? Multiple Choice O 8.58% O 6.60% O 4,42% O 3.00%