AN Question 14 10 points The Company expects to announce their annual dividend of $ 1.31 next year and promises to increase is dividends at 476% perpetually. Even though you believe the required return on the stock in 14.00 % due to market conditions, you must purchase the stock for $6 above the intrinsic value today. At this higher purchase price, what is your expected rate of return? 11.25 12.30% 10.86 11.970 11.62