Firm A's next annual dividend is $2.25 and the firm announced that it will grow at a constant rate of 4%. If you are willing to pay $15.25 a share for this stock, what is your required discount rate of return Rand period I holding period return(HPR)? Hint: PV of a growing dividend Perpetuity=D1/(R-8); HPRT-(P1-PO-DIYPO 18.75%, 14.75% 14.75%, 18.75% 14.75%, 14.75% 18.75%, 18.7594