Stag Corp. will pay dividends of $4.75,$5.25,$5.75, and $7 for the next four years. Thereafter, the company expects 7 percent growth in dividends. If the required rate of return is 13 percent, what is the current market price of the stock? (Do not round intermediate calculations. Round final answer to two decimal places.) $57.42 $69.75 $80.39 $93.16 Question 27 1 pts Ajax Company has issued perpetual preferred stock with a par of $100 and a dividend of 6 percent. If the required rate of return is 7.75 percent, what is the preferred stock's current market price?(Round off to the two decimal places.) $53.27 $62.14 $70.97 $77.42