Assume that the current market price of Zigi, Inc. stock is $$59\mathrm{.}54.$ If Zigi, Inc. just paid a dividend of $$5\mathrm{.}18$

per share $($i$.$e$.,$ D$0=5\mathrm{.}18),$ and if investors expect that the company$$s dividends will grow at an annual rate of

$2\mathrm{.}47\%$ forever, then Zigi, Inc.$$s required rate of return is $\_\_\_\_\%.($Record your answer rounded to $1$ decimal

place; for example, record $18\mathrm{.}29654\%$ as $18\mathrm{.}3).$