Bruer, Inc., is expected to maintain a constant 5.50 percent growth rate in its dividends, indefinitely. Required: If the company has a dividend yield of 4.00 percent, what is the required return on the companys stock? (Do not include the percent sign (%). Round your answer to 2 decimal places (e.g., 32.161).)

Solve for the unknown interest rate in each of the following (Do not include the percent signs (%). Enter rounded answers as directed, but do not use the rounded numbers in intermediate calculations.Round your answers to 2 decimal places (e.g., 32.16)):

Present Value				Years			Interest Rate				Future Value
	$	740			7				%			$	1,431
		930			8				%				1,768
		17,500			19				%				144,332
		72,800			22				%				317,815