Gray Manufacturing is expected to pay a dividend of 52.05 per share at the end of the year (0 = $2,05). The stock sells for $27.50 per share, and its required rate of return is 10.5%. The dividend is expected to grow at some constant rate, , forever. What is the equilibrium expected growth rate? ca. 6.75% Ob. 8.24% c. 7.45% d. 3.75% Ce. 3.05