A. What is the value of a share of preferred stock that promises to pay $4.69 every year, indefinitely, if you have a required rate of return of 11.72%?

B. The current price of Janco stock is $10.2. Dividends are expected to grow at 4% indefinitely and the most recent dividend paid yesterday was $2.63. What is the required rate of return, dividend yield, and capital gains yield on Jancos stock? (show your answers to 4 decimal places)

The required rate of return:

Dividend yield:

Capital Gains Yield: