According to analysts, the growth rate in dividends for Acevedo for the previous 10 years has been 3.5 percent. If investors feel this growth rate will continue, what is the required return for the company's stock?

Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.

Youve collected the following information from your favorite financial website.

52-Week Price		Stock (Dividend)	Dividend Yield %	PE Ratio	Close Price	Net Change
Hi	Lo
77.80	10.47	Acevedo .40	2.8	6	14.30	.24
55.81	33.42	Georgette, Incorporated 1.54	3.8	10	40.43	.01
130.93	69.50	YBM 2.00	2.2	10	88.97	3.07
50.24	13.95	Manta Energy .80	5.2	6	15.43	.26
35.00	20.74	Winter Sports .32	1.5	28	??	.18