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The market price of a stock is $33.64 and it is expected to pay a $4.28 dividend next year. The dividend is expected to grow

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The market price of a stock is $33.64 and it is expected to pay a $4.28 dividend next year. The dividend is expected to grow at 4.90% forever. What is the required rate of return for the stock? Submit Answer format: Percentage Round to: O decimal places (Example: 9%, % sign required. Will accept decimal format rounded to 2 decimal places (ex: 0.09)) The market price of a stock is $51.88 and it just paid $4.51 dividend. The dividend is expected to grow at 3.47% forever. What is the required rate of return for the stock? 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))

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