Gray Manufacturing is expected to pay a dividend of $2.25 per share at the end of the year (D1 = $2.25). The stock sells for $30.50 per share, its required rate of return is 11.5% and its dividend yield is 5.55%. The dividend is expected to grow at some constant rate, g, forever. What is the equilibrium expected growth rate? Group of answer choices 5.95% 4.54% 4.12% 5.07% 4.91%