They rank last in the event of winding up the company. All of the above QUESTION 29 Monsters Inc. is a utility company that recently paid a common stock dividend of $2.35 per share. Determine the current price of a share of Monsters common stock if its divided growth rate is expected to remain at 7 percent per year indefinitely and its equity cost of capital is 12 percent. $50.29 $40.38 $37.77 $25.14 $47.00