Crowe Industries trades at $20.64 per share. The company just paid a $1.45 per share dividend. Robert Knight, an analyst, estimates that dividends will grow at 4.38% per year going forward. If we value Crowe Industries using the constant growth model, what implied return will investors receive at the current price? 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)) An analyst is trying to use a dividend pricing model to evaluate Bank of America (BOA). After careful analysis, she projects BOA will pay the following dividends over the next three years. YEAR 1 2 3 Dividend $1.00 $1.25 $1.40 After year 3, the analyst assumes a conservative growth rate of 4.00% per year for dividends. Based on the risk of BOA, she wants an 18.00% return on the stock. What price is BOA worth today? Submit Answer format: Currency Round to 2 decimal places