20) The current dividend yield on Samsung's common stock is 3.1 percent. The company just paid a $1.68 annual dividend and announced plans to pay $1.78 next year. The dividend growth rate is expected to remain constant at the current level. What is the required rate of return on this stock? *

a) 8.42%

b) 9.05%

c) 8.72%

d) 10.15%

None of the above