$($Preferred stockholder expected return$)$ You own $100$ shares of Dalton Resources preferred stock, which currently sells for $$39\mathrm{.}95$ per share and pays annual dividends of $$4\mathrm{.}75$ per share.

a$.$ What is your expected return?

b$.$ If you require a return of $7$ percent, given the current price, should you sell or buy more stock?

a$.$ Your expected return is percent. $($Round to two decimal places.$)$

b$.$ If you require a return of $7$ percent, the value of the stock for you is $$.($Round to the nearest cent.$)$ the drop$-$down menus.$)$