GRITO stock is currently selling for $$46\mathrm{.}10$ a share. If the company

is expected to pay a dividend of $$5\mathrm{.}60$ a year from now and dividends

are not expected to grow thereafter, what is the market

capitalization rate $($or$,$ required rate of return$)$ for a share of

GRITO stock

A$.)7\mathrm{.}56\%$

B$.)8\mathrm{.}23\%$

C$.)10\mathrm{.}50\%$

D$.)12\mathrm{.}15\%$

E$.)$Non of the above