1. You buy GBT for $50. One year later, you collect a dividend of $3 and sell the share for $63. What is your percent capital gain on this investment? Answer to 4 decimals, for example 0.4321.

2.JBT company just paid a dividend of $3. Dividends will grow at a constant rate of 3% forever, and the required return for the company is 14%. Suppose you buy the stock at these conditions today, but one year later investors suddenly expect the growth rate in the stock to be 6%. What is your rate of return on this investment if you sell the shares one year later? Answer to 4 decimal places, for example 0.1234.