#24 The market price of a stock is $27.25 and it is expected to pay a $2.31 dividend next year. The dividend is expected to grow at 3.87% forever. What is the required rate of return for the stock? Submit Answer format: Percentage Round to: O decimal places (Example: 9%, % sign required. Will accept decimal format rounded to 2 decimal places (ex: 0.09)) unanswered not_submitted Attempts Remaining: 3 #17 A taxable bond with a coupon rate of 7.00% has a market price of 98.39% of par. The bond matures in 17.00 years ans pays semi-annually. Assume an investor has a 39.00% marginal tax rate. The investor would prefer otherwise identical tax-exempt bond if it's yield to maturity was more than % Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924)) unanswered not_submitted Attempts Remaining: 4