A company recently paid a $$3\mathrm{.}50$ dividend. It plans to increas this dividend by $15\%$ next year The year after, it will begin reducing its dividends by $3\%$ per year until it arrives at the sector average of $5\%.$ The company's stock currently sells for $$75.$ What is the market signaling is the company's appropriate discount rate? The instructor says the answer is $10\mathrm{.}9\%$but i can't make the calculation match that.