In Dec 2019, the Yahoo! Finance website provided the following information for the stock of Zoracle: Trailing P/E: 12.70 Forward P/E: 14.80 Earnings growth rate: 2.10% If you assume that the earnings growth rate represents the long -run earnings growth rate for the firm, what is the implied rate of return required by investors? Round your answer to the nearest tenth of a percent.

A. 7.0%

B.

10.0%

C.

8.9%

D.

2.1%