U Question 28 2.5 pts The stock price of HK Co. is $60. Investors require a 12 percent rate of returns on similar stocks. If the company just paid an annual dividend of $4, what growth rate is expected for the company's stock price? 5.33% 06.07% OSX 0539% Question 29 2.5 pts A new preferred stock will pay a $20 dividend per year, but the first dividend will not be paid until 20 years from today. If you require a 9 percent return on this stock, how much should you pay today? None of the above 555 12 $4322 522222