Question 7 (1 point) You own 200 shares of Shapard Resources preferred stock which currently sells for $45 and pays dividends of $3.80. What is your expected return? ANSWER IN DECIMAL NUMBERS TO 4 PLACES. Your Answer: Answer Question 8 (1 point) Bennett, Inc.'s common stock currently sells for $21.20 per share. The company's executives anticipate a constant growth rate of 9.6 percent and a year end dividend of $3.00. What is you expected rate of return if you purchase the stock for $21.20? SHOW ANSWER TO 4 DECIMAL PLACES Your