1. Blossom, Inc., is expected to grow at a constant rate of 5.00 percent. If the companys next dividend, which will be paid in a year, is $1.00 and its current stock price is $22.35, what is the required rate of return on this stock?

2. The preferred stock of Oriole Corp. is currently selling at $46.40. If the required rate of return is 12.5 percent, what is the dividend paid by this stock? (Round answer to 2 decimal places, e.g. 15.25.)