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please show how to do this on a financial calculator, thank you! 16. ABC Corporation's common stock dividend yield is 3.61%, it just paid a

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please show how to do this on a financial calculator, thank you!

16. ABC Corporation's common stock dividend yield is 3.61%, it just paid a dividend of $2.75, and is expected to pay a dividend of $2.89 one year from now. Dividends are expected to grow at a constant rate indefinitely. What is the required rate of return on ABC stock? a. 8.5% c. d. e. 8.9% Not enough information is provided None of the above

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