10&11

Listen A firm produced the following returns: 5%, -4%, 10%, 15.0%, 12.1%. What is the average return of this firm? Answer in percentage without the symbol. Your Answer: Answer Question 11 (1 point) Listen A firm can issue perpetual preferred stock for $59.75 that would pay a constant annual dividend of $2.75. What is the firm's cost of preferred stock? Answer in percentage without the symbol Your