Block Pharmacy stock sells for $39.62 today. The current annual dividend per share is $3.88. Analyst expect all dividends after that will grow at a constant rate of 3% forever. Based on this information, what discount rate is used by the market to value this stock? Question 34 options: 1) 10.10% 2) 12.27% 3) 13.09% 4) 14.51% 5) 15.08%