A firm recently paid a $1.00 dividend. The dividend is expected to grow by 2.50%. At the current stock price of $19.60, what is the return shareholders are expecting?

A firm recently paid a $1.00 dividend. The dividend is expected to grow by 2.50%. At the current stock price of $19.60, what is the return shareholders are expecting? 5.10% O 12.23% O 8.66% 0773%