The price for a share of GDL today is $50.70. You expect the company to have profits of $4.23 per share next year. If you require a 13% return to invest in GDL, what constant growth rate is necessary to justify the current share price? Round all your calculations to at least 4 decimals. Enter your answer as a decimal (NOT a percent) and round to 4 decimals. For example 0.1234. You finance your company be selling convertible preferred shares. You received $60,000 from your investors and in return they received a 21% stake in the company. Calculate the percent of the company that the investors will receive if the exit value of your company is $157,000. Enter your answer as a decimal and round to 4 decimal places, for example 0.1234