Transcribed image text: You borrow $90,000; the annual loan payments are $12,006.96 for 30 years. What interest rate are you being charged? Round your answer to the nearest whole number % Farley Inc. has perpetual preferred stock outstanding that sells for $34 a share and pays a dividend of $3.25 at the end of each year. What is the required rate of return? Round your answer to two decimal places. %