Score: 0 of 1 pt 15 of 26 (25 complete) HW Score: 80.77%, 21 of 2 XP7-26 (similar to) Question Help Assume ExxonMobil's price dropped to $37 overnight. Given the dividend growth rate of ExxonMobil of 7.00% and the last annual dividend of $170, what is the implied required rate of return necessary to justify the new lower market price of $37? What is the implied required rate of return necessary to justify the new lower market price of $37? 11% (Round to two decimal places)