QUESTION 16 Use the following information: Duke Energy's stock price is $35 and P/E ratio of 15. The company is expected to pay a dividend of $2.00. Assume ROS is 6.5% and ROA is 10.6% and the expected growth in dividends is 9.5%. The constant dividend growth model suggests the required return is what? Cannot be determined from the data provided. 17.4% 15.2% 14.7% 11%