The market price of a stock is $24.34 and it is expected to pay a dividend of $1.56 next year. The required rate of return is 11.15%. What is the expected growth rate of the dividend? Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924)) The yield to maturity for a 20.00 year STRIPS is 3.17%. If par value is $1,000, then it should sell for $ Submit Answer format: Currency: Round to: 2 decimal places