Problem 17 You have until 12:01 PM to complete this assignment. Intro Runtan Inc. has just paid an annual dividend of $0.45 per share. Analysts expect the firm's dividends to grow by 8% forever. Its stock price is $37.4 and its beta is 0.8. The risk-free rate is 2% and the expected return on the market portfolio is 8%. To Attempt 1/3 for 10 pts. Part 1 What is the best guess for the cost of equity? 3+ decimals Submit Problem 22 KE You have until 12:01 PM to complete this assignment. Intro Pfizer is expected to pay an annual dividend of $1.85 one year from now. Dividends are expected to grow by 3.9% every year and the current stock price is $266.7. The company is in the process of issuing new comtron stock, with flotation costs of $3 per share. Attempt 1/3 for 10 pts. Part 1 What is the cost of new common stock? 1+ decimals Submit Problem 24 You have until 12:01 PM to complete this assignment Intro Time Weiner Inc. is now at the end of the final year of a project. The firm originally bought some project equipment for $54,000, which could now be sold for $32,400.52% of the equipment cost has already been depreciated. The company's tax rate is 34%. Part 1 IB Attempt 1/3 for 10 pts. What is the after-tax salvage value? If the equipment's final market value is less than its book value, the firm will receive a tax credit as a result of the sale. 5+ decimals Submit