Question 5 (2 points) Rascal, Inc., has an issue of preferred stock outstanding that pays a $9.9 dividend every year in perpetuity. If this issue currently sells for $92.68 per share, the required return is - percent. Express in percentage without the % sign, and round it to two decimal places, e.g., 13.45. Your Answer: Answer Question 6 (2 points) CSU Co. just paid a dividend of $1.5 per share on its stock. The dividends are expected to grow at a constant rate of 6 percent per year indefinitely. If investors require an 10.0 percent return on Sky High Co. stock, the current price is $ . Round it to two decimal places, and do not include the $ sign, e.g., 23.56. Your
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