Question 14 5 pts Corporations can raise capital using either debt (and must pay interest) or equity (and are expected to pay dividends). However, the interest expense is tax deductible while dividends paid cannot be deducted. How much pre-tax income must a company with a tax rate of 35% need to earn per share to pay out $2.55 per share in dividends? Your answer should be between 1.57 and 6.12, rounded to 2 decimal places, with no special characters. Question 15 5 pts The balance sheet of Colton Corporation shows long-term debt of $50 million and shareholder equity of $50 million, while their income statement shows EBIT of $15.5 million and interest expenses of $5 million. If Colton has a tax bracket of 40%, what is their return on equity (ROE)? Your answer should be between 8.94 and 17.46, rounded to 2 decimal places, with no special characters