Surses/579078/t/secured lockdown Question 7 5 pts Gray Manufacturing is expected to pay a dividend of $1.25 per share at the end of the year (D- $1.25). The stock sells for $27.50 per share, and its required rate of return is 10.9%. The dividend is expected to grow at some constant rate forever. What is the expected growth rate? Your answer should be between 3.22 and 8.78, rounded to 2 decimal places, with no special characters Question 8 5 pts Mullen Inc. has an outstanding issue of perpetual preferred stock with an annual dividend of $2.60 per share. If the required return on this preferred stock is 6.5%, at what price should the stock sell? Your answer should be between 18.12 and 72, 80, rounded to 2 decimal places with no special characters MacBook Pro G Search or type URL 0) > & 7 4 5 8 9 0 20 P T 0 Y