Long's historical dividends are shown in the following table: E. Find the required rate of return for this stock, assuming the future dividend growth rate will remain the same and the company has an infinite horizon. Assume the January 1, 2011 price of the stock was $30. What was the required return for Long's stock? (Click on the following icon in order to copy its contents into a spreadsheet.) Year Dividend 2005 $1.01 2006 $1.07 2007 $1.12 2008 $1.31 2009 $1.45 2010 $1.90