1) Gizmo Industries is currently selling for $93. It just paid its annual dividend of $5, which have consistently grown at a rate of 4.6%. What is the expected return of this stock?

PLEASE INPUT THE ANSWER IN PERCENT ROUNDING IT TO 2 DECIMALS. DO NOT INCLUDE % SIGN, E.G., INSTEAD OF 9.99% INPUT 9.99

2) Broden, Inc. recently issued $71 par value preferred stock that pays an annual dividend of $6. If the stock is currently selling for $82, what is the expected return of this preferred stock?

PLEASE INPUT THE ANSWER IN PERCENT ROUNDING IT TO 2 DECIMALS. DO NOT INCLUDE % SIGN, E.G., INSTEAD OF 9.99% INPUT 9.99