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Can you post formula to find answer as well. The market price of a stock is $47.25 and it just pald $5.39 dividend. The dividend

Can you post formula to find answer as well.
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The market price of a stock is $47.25 and it just pald $5.39 dividend. The dividend is expected to grow at 2.94% forever. What is the required rate of return for the stock? Answer format: Percentage Round to: 2 decimal places (Example: 9.24\%, \% sign required. Wil accept decimal format rounded to 4 decimal places (ex: 0.0924))

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