Currently, the dividend payment and stock price of Spotify are $1.50 and $16.50 per share, respectively. The firm's financial manager expects that the dividend of Spotify will increase at a 10% annual rate, g1. over the next year. Due to COVID-19, the form is expected to have a slowing of the dividend growth rate to 5% per year, 82, from the beginning of 2022 to the foreseeable future. What is the firm's required rate of return on equity? 500 BPS O 1000 BPS 1,800 BPS O 1,500 basis points (BPs)