Schlumberger is selling for$62.38 per share and paid a dividend of $2.31 last year. The dividend is expected to grow at 4 percent indefinitely. What is the stock's expected rate of return?___________(Round to two decimal places.)

Zust preferred stock is selling for $39.49 per share and pays $2.15 in dividends. What is your expected rate of return if you purchase the security at the market price?______ (Round to two decimal places.)