If the firm's expected dividend is $$1\mathrm{.}60,$ the current price of the stock has been trading near $$50\mathrm{.}00,$ and its expected growth rate is $6\%,$ calculate the firms required rate of return for this stock. Numerator is D$1$ or $1\mathrm{.}60($expected dividend$)$

Question $28$ options:

$9\mathrm{.}67\%$

$9\mathrm{.}54\%$

$9\mathrm{.}30\%$

$9\mathrm{.}20\%$