6 You've collected the following information from your favorite financial website. 52-Week Price 1 Lo 47.80 Div Yld % 1.9 1.8 PE Ratio 235.6 Hi 64.60 145.94 171.13 points Net Chg -.05 .62 Close Price 62.91 139.71 145.39 70.9 04:50:17 Stock (Div) Abbott 1.12 Ralph Lauren 2.50 IBM 6.30 Duke Energy 3.56 Disney 1.68 4.3 23.8 70.28 139.13 71.96 96.20 .19 17.6 74.30 .84 91.80 113.19 4.9 1.7 eBook 15.5 ?? .10 Print References According to your research, the growth rate in dividends for Ralph Lauren for the next 5 years will be.5 percent. If investors feel this growth rate will continue, what is the required return for the company's stock? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Required return %