8. The common stock of Bruner Aeronautics sells for $80 a share. The stock expects to pay $3 per share next month when the annual dividend is distributed. The company has a established a pattern of increasing their dividends by 3% annually. What is the market rate of return on this stock? *

a) 4.5%

b) 2.5%

c) 2%

d) 4%

e) None of the above