InTheDark's common stock has a required rate of return of 13% and a declared annual dividend of $4. Future dividends are expected to grow 2.3% per year. What possible course of action is open to InTheDark's management and board of directors to increase the company's stock price?

Group of answer choices

Increase the required rate of return

Increase the dividend payout and/or increase the growth rate

Increase the dividend payout