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Gizmo Industries is currently selling for $92. It just paid its annual dividend of $4, which have consistently grown at a rate of 5.5%. What

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Gizmo Industries is currently selling for $92. It just paid its annual dividend of $4, which have consistently grown at a rate of 5.5%. What is the expected return of this stock? Set your calculator to 4 decimal places. PLEASE INPUT THE ANSWER IN PERCENT ROUNDING IT TO 2 DECIMALS. DO NOT INCLUDE % SIGN, E.G., INSTEAD OF 9.9922% INPUT 9.99 Broden, Inc. recently issued $69 par value preferred stock that pays an annual dividend of $16. If the stock is currently selling for $94, what is the expected return of this preferred stock? Set your calculator to 4 decimal places. PLEASE INPUT THE ANSWER IN PERCENT ROUNDING IT TO 2 DECIMALS. DO NOT INCLUDE % SIGN, E.G., INSTEAD OF 9.9922% INPUT 9.99

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