1. (Solving for r in compound interest?) If you were offered $1,949.12 6 years from now in return for an investment of $ 800 currently, what annual rate of interest would you earn if you took the? offer? If you took the? offer, the annual interest rate you would earn is ?%. (Round to the nearest whole? percent.)

2. ?(Common stockholder expected return?) Ziercher executives anticipate a growth rate of 11 percent for the? company's common stock. The stock is currently selling for $43.43 per share and pays an? end-of-year dividend of $1.89. What is your expected rate of return if you purchase the stock for its current market price of $43.43? Your expected rate of return is ?%. (Round to two decimal? places.)