The next dividend payment by Kilbride Inc. will be $1.89 per share. The dividends are anticipated to maintain a 5% growth rate forever. If the stock currently sells for $38.00 per share, what is the required return? (Round the final answer to 2 decimal places.) Required return Big Pond Inc. has an issue of preferred stock outstanding that pays a $4.75 dividend every year in perpetuity. If this issue currently sells for $93 per share, what is the required return? (Round the final answer to 2 decimal places.) Required return