Assume ExxonMobil's price dropped to $39 overnight. Given the dividend growth rate of ExxonMobil of 6.00% and the last annual dividend of $1.44, what is the implied required rate of return necessary to justify the new lower market price of $39? What is the implied required rate of return necessary to justify the new lower market price of $39? % (Round to two decimal places.) Assume ExxonMobil's price dropped to $39 overnight. Given the dividend growth rate of ExxonMobil of 6.00% and the last annual dividend of $1.44, what is the implied required rate of return necessary to justify the new lower market price of $39? What is the implied required rate of return necessary to justify the new lower market price of $39? % (Round to two decimal places.)