Hogswallow Inc.$\text{'}$s common stock is currently selling for $$21\mathrm{.}60$ per share. The last annual dividend was $$0\mathrm{.}80,$ and the dividend is expected to grow at a constant rate of $8\mathrm{.}40\%$ for the forseeable future. Given this, what is your required return for Hogswallow's common stock? Report the percentage to $2$ decimal places $(0\mathrm{.}03426=3\mathrm{.}43).$