The market price of a stock is $36.85 and it is expected to pay a $3.38 dividend next year. The dividend is expected to grow at 2.20% forever. What is the required rate of return for the stock? Attempts Answer format: Percentage Round to: 0 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 $54.77 and it just paid $4.74 dividend. The dividend is expected to grow at 4.29% forever. What is the required rate of return for the stock? Attempts 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))