QUESTION 4 Siebel Systems made two announcements concerning its common stock today. First, the company announced that its next annual dividend has been set at $1.50 a share. Secondly, the company announced that all future dividends will increase by 5% annually. What Is the maximum amount you should pay to purchase a share of Fintec's stock if your goal is to earn a 16% rate of return? $9.46 $10.80 $11.72 $12.17 $13.64 QUESTION 5 Ingram Micro has total sales of $180,000, costs are $108,000, and depreciation is $9,500. The tax rate is 34 percent. The interest expense is $3,700. What is the operating cash flow? $68,920.00 $63,216.00 $60,104.00 $56,430.00 $52,000.00