McDonnell Manufacturing is expected to pay a dividend of $1.20 per share at the end of the year (D1 = $1.20). The stock sells for $33.00 per share, and its required rate of return is 14.5%. The dividend is expected to grow at some constant rate, g, forever. What is the equilibrium expected growth rate? 11.22% O a. O, 14.50% 10.86% d. 10.36%