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Question 9 (1 point) Bavarian Sausage is expected to pay a $3.0 dividend next year. If the constant growth rate is 5%, and the stock

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Question 9 (1 point) Bavarian Sausage is expected to pay a $3.0 dividend next year. If the constant growth rate is 5%, and the stock currently sells for $37.54, what is the required rate of return on this stock? (Enter your answers as a decimal rounded to 4 decimal places, not a percentage. For example, enter 0.0843 instead of 8.43%)

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