can you please do both so I can see the difference?

#3 The market price of a stock is $48.87 and it is expected to pay a $2.66 dividend next year. The dividend is expected to grow at 4.59% forever. What is the required rate of return for the stock? Submit Answer format: Percentage Round to: O decimal places (Example: 9%, % sign required. Will accept decimal format rounded to 2 decimal places (ex: 0.09)) e unanswered not submitted Attempts Remaining: Infinity The market price of a stock is $59.47 and it just paid $4.85 dividend. The dividend is expected to grow at 4.95% forever. What is the required rate of return for the stock? Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924)