(Preferred stockholder expected return) You own 250 shares of Dalton Resources preferred stock, which currently sells for $49.02 per share and pays annual dividends of $2.50 per share. D Question 1 0.5 pts a. What is your expected return? (in %, round to 2 decimals) Question 2 0.5 pts b. If you require a return of 11 percent, given the current price, the value of the stock for you is $ ? (round to nearest cent) D Question 3 1 pts Because the expected rate of return is (Select than your required rate of return or because the current market price is Select 1 than intrinsic value, the Dalton Resources preferred stock is (Select] and you should | Select the stock. (Select from the drop-down menus.)