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The common stock of Bethel Baked Goods is valued at $15.76 a share. The company increases its dividend by 4.5% annually and the company's most

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The common stock of Bethel Baked Goods is valued at $15.76 a share. The company increases its dividend by 4.5% annually and the company's most recent dividend was $.60 per share. What is the required rate of return on this stock? OA) 8.48% B) 8.81% C) 8.29% D) 7.96% E) 9.03%

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