Saved Based on the corporate valuation model, Morgan Inc.'s total corporate value is $250 million. The balance sheet shows $90 million of notes payable, $30 million of long-term debt, $40 million of preferred stock, and $100 million of common equity. The company has 15 million shares of stock 8 points outstanding. What is the best estimate of the stock's price per share? a. $4.00 O b.$3.80 O c. $3.88 d. $6.00 O e. $3.36 A Moving to the next question prevents changes to this answer Question 1962 Goode Inc.'s stock has a required rate of return of 9.50%, and it sells for $29.00 per share. Goode's dividend is expected to grow at a constant rate of 7.00%. What was the last dividend, D 0? O a. $0.68 O b.$1.38 O c. $1.06 O d. $1.22 O e. $1.37 Riverside Bank offers to lend you $50,000 at a nominal rate of 6.5%, compounded monthly. The loan (principal plus interest) must be repaid at the end of the year. Midwest Bank also offers to lend you the $50,000, but it will charge an annual rate of 7.8%, with no interest due until the end of the year. How much higher or lower is the effective annual rate charged by Midwest versus the rate charged by Riverside? a. 1.10% O b. 1.05% O c. 1.24% O d.1.35% O e. 1.02% Question 20 of 63 A Moving to the next question prevents changes to this