In the upcoming year, Ocean Blue Company is expected to pay a dividend of D$1=$ $$2\mathrm{.}75.$ Dividends are expected to grow at $6\%$ per year. Investors use the constant$-$growth DDM to determine the value of the stock. The stock's current price is $$109\mathrm{.}12.$ Using the constant$-$growth DDM$,$ the expected rate of return is about

Group of answer choices

$8\mathrm{.}52\%$

$7\mathrm{.}60\%$

$6\mathrm{.}09\%$

$9\mathrm{.}00\%$