Chicago Gas recently paid a $2.80 annual dividend on its common stock. This dividend increases at an average rate of 3.8 percent per year. The stock is currently selling for $26.91 a share. What is the market rate of return? 14.60 percent 14.21 percent 13.88 percent 14.03 percent Bee Well, Inc., has an issue of preferred stock outstanding that pays a $4.20 dividend every year in perpetuity. If this issue currently sells for $51 per share, what is the required return? 8.24% $6.54 12.14% 214.2% Grand Travel just paid an annual dividend of $4.10 a share and is expected to increase that amount by 5 percent per year. If you are planning to buy 1,000 shares of this stock next year, how much should you expect to pay per share if the market rate of return for this type of security is 10 percent at the time of your purchase? $90.4 $82.0 $86.1 $41.91