(Common stock valuation) You intend to purchase Dorchester common stock at $50.50 per share, hold it for 1 year, and then sell it after a dividend of $6.25 is paid. How much will the stock price have to appreciate for you to satisfy your required rate of return of 17 percent?

The stock price have to appreciate ______%. (Round to two decimal places.)

This question has a 2nd part, but doesnt let me see it. If you know what that is (have done it before) please add it