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(Preferred stockholder expected return) You own 100 shares of Shapard Resources preferred stock, which currently sells for $37 per share and pays annual dividends of

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(Preferred stockholder expected return) You own 100 shares of Shapard Resources preferred stock, which currently sells for $37 per share and pays annual dividends of $4.25 per share. a. What is your expected return? b. If you require a return of 9 percent, given the current price, should you sell or buy more stock? a. Your expected return is percent. (Round to two decimal places.) 19 percent? The value of the Herrera Motor common stock is $ (Round to the nearest cent.)

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