of 15 Suppose a firm expects EPS of $1.50 for the end of the period and expects to maintain a dividend payout ratio of 60 percent. If the firm's price-earnings ratio is 78, and its return on equity is 10 percent, what is its required rate of return? (Please choose the closest answer) O a. 9.7 percent O b. 9 percent OC 11.7 percent O d. 7.7 percent e. 10.7 percent Finish att 8 9 10 11 Previous page 12 Next page