Use the following information to answer Questions 14-17 Hupta Corporation has the following financial numbers Net income Dividends Total assets-12/31/05 Total liabilities-12/31/05 2005 $ 6,000 $ 2,000 $50,000 $20,000 1,000 10% Number of shares outstanding Cost of equity Net income is expected to increase by 10% for the next year, and dividend payout ratio is expected to remain constant. After 2006, residual earnings are expected to earnings-based valuation method, what is the value per share of Hupta stock as of 12/31/05? Oa. $33.60 Ob.$33.27 Oc. $32.73 Od. $30.00 QUESTION 151 Using the dividend discount model, assuming dividends grow at 10% in 2006 and at 5% thereafter, what is the value per share of Hupta at 12/31/05? a. $42.18 b. $40.00 Oc. $48 20 Od. $44.00 QUESTION 16 Following Question 15, what is the price-to-book ratio at 12/31/05? Oa. 1.33 Ob.1.41 Oc147