Thames Inc's most recent annual dividend was $2.40 per share (i.e., D(O) = $2.40. The dividend is expected to grow at a rate of 6 percent per year. The current stock price is $60.57, what is the required rate of return on the stock? Select one: O a. 7.20% O b. 5.10% c. 10.20% O d. 11.40% e. None of the above