Question 1 2 pts Builtrite preferred stock has a 4% coupon based on a par value of $55 a share. Currently, investors require a 5% return. What is the value of Builtrite's preferred stock? $40.00 $37.50 $47.25 $44.00 Question 2 2 pts Builtrite common stock is currently selling for $30 and recently paid a dividend of $1.50. The stock has a projected constant growth rate of 7%. If you purchase this stock, what is your expected rate of return? 12.0% 12.4% 13.0% O 13.4%