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Question 6 1 pts Gizmo Industries is currently selling for $77. It just paid its annual dividend of $4, which have consistently grown at a
Question 6 1 pts Gizmo Industries is currently selling for $77. It just paid its annual dividend of $4, which have consistently grown at a rate of 2.7%. 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 Question 7 1 pts Broden, Inc. recently issued $65 par value preferred stock that pays an annual dividend of $11. If the stock is currently selling for $91, 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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