Ch 7 Homework A Saved 9 You've collected the following information from your favorite financial website. 52-Week Price 1 points Hi 77.40 55.81 130.93 50.30 35.00 LO 10.43 33.42 69.50 14.01 20.74 Div Yld % 2.6 3.8 2.2 5.6 1.5 Stock (Div) Palm Coal.36 Lake Lead Grp 1.54 SIR 2.00 DR Dime.86 Candy Galore .32 PE Ratio 6 10 10 6 28 Close Price 13.90 40.43 88.97 15.49 ?? Net Chg - 24 -.01 3.07 - 26 .18 eBook Print References According to your research, the growth rate in dividends for DR Dime for the previous 10 years has been negative 12 percent. If investors feel this growth rate will continue, what is the required return for DR Dime stock? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Required return %