Question: Please Answer both A company has issued preferred stock with an annual dividend of $3.73 that will be paid in perpetuity. The current price of

Please Answer both A company has issued preferred stock with an annual dividend of $3.73 that will be paid in perpetuity. The current price of the stock is $37.3. What is the expected rate of return on the preferred stock? Enter your answer as a percentage. Do not include the percentage sign in your answer. Enter your response below rounded to 2 DECIMAL PLACES Number Consider a stock that has an annual dividend of $11, earnings per share of $3.5, and a price of $22.76. What is the dividend yield? Enter your answer as a percentage. Do not include the percentage sign in your answer. Enter your response below rounded to 2 DECIMAL PLACES Number

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