7. The company has just paid the last of the four quarterly dividend of $0.80 per share. The market price of the stock is $29.52 and the dividend growth rate is 2.6 percent. Given the market value, what does it imply that the market participants' required return for this company's stock? A) 9.017 percent B) 13.440 percent C) 5.310 percent 5.381 percent 13.722 percent