9) Cost of preferred stock and it's required rate of return are the same. True False 10) Little Feet Shoe Co. just paid a dividend of $1.65 on its common stock. This company's dividends are expected to grow at a constant rate of 3% indefinitely. If the required rate of return on this stock is 11%, compute the current value of per share of LFS stock. A) $20.63 B) $21.24 C) $15.00 D) $55.00