24. RCA just paid an annual dividend of $4.35 per share on its common stock. The company anticipates that dividends will increase by 1.75% per year for the indefinite future. If the stock is currently priced at $49.09, what is the investors required rate of return?

A. 10.77 percent

B. 11.52 percent

C. 12.91 percent

D. 13.60 percent

E. 14.83 percent