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Bearkat Stores, Inc. (BKS) stock is currently selling for $23.00. The firm is expected to pay a dividend of $2.25 one year from now. Dividends

Bearkat Stores, Inc. (BKS) stock is currently selling for $23.00. The firm is expected to pay a dividend of $2.25 one year from now. Dividends are expected to grow at a constant rate of 4% indefinitely. Compute the required rate of return for Bearkat stock.

14.39%

13.78%

12.45%

10.81%

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