Hubert is evaluating the stock of Skye Corp. Based on his analysis, he determined that next year's dividend will be $2.20 and that dividends will grow at a constant rate of 3.5% in perpetuity. Assuming Hubert is correct, and it he is willing to purchase shares of stock at the current price of $26.50 per share, which of the following options is a possible value for Hubert's required return? 12.5% 14.0% 16.0% 11.09 Next C Previous Not saved Subm DOLL