Lo You've collected the following information from your favorite financial website. 52- Week Price Div PE Close Net Stock (Div) Yld % Ratio Price Chg 79.20 10.61 Palm Coal.54 3.4 6 15.70 -24 55.81 Lake Lead Grp 33.42 3.8 10 40.43 1.54 -.01 130.93 69.50 SIR 2.00 2.2 88.97 3.07 50.24 13.95 DR Dime.80 5.2 6 15.43 -26 35.00 20.74 Candy Galore .32 1.5 28 ?? .18 10 According to your research, the growth rate in dividends for Palm Coal for the previous 10 years has been 4 percent. If investors feel this growth rate will continue, what is the required return for Palm Coal stock? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Answer is complete but not entirely correct. Required return 0.07 %