Womack Toy Company's stock is currently trading at $50 per share. The stock's dividend is projected to increase at a constant rate of 2.1 percent per year. The required rate of return on the stock, rs, is 3.5 percent. What is the expected price of the stock 10 years from today? $61.55 $58.55 $64.55 $67.55 $70.55 $70.55 A share of preferred stock pays a quarterly dividend of $2.4. If the price of this preferred stock is currently $99, what is the nominal annual rate of return? 9.70% 9.20% 10.20% 10.70%