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The common stock of Auto Deliveries sells for $25.96 a share. The stock is expected to pay $2.20 per share next month when the annual

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The common stock of Auto Deliveries sells for $25.96 a share. The stock is expected to pay $2.20 per share next month when the annual dividend is distributed. Auto Deliveries has established a pattern of increasing its dividends by 5.1 percent annually and expects to continue doing so. What is the market rate of return on this stock? O 16.12 percent 11.02 percent O 18.67 percent O 8.47 percent O 13.57 percent

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