A firm pays a $$1\mathrm{.}50$ dividend at the end of year one $(D_1),$ has a stock price of $$65(P_0),$ and a constant growth rate $(g)$ of $8$ percent.

a$.$ Compute the required rate of return $(K_e).$

Note: Do not round intermediate calculations. Input your answer as a p$$rcent rounded to $2$ decimal places