The common stock of Cicho Inc., sells for $48.1 a share. The stock is expected to pay a dividend of $4.1 per share next year. Cicho has established a pattern of increasing their dividends by 14.5% annually and expects to continue doing so. What is the market rate of return in percentage on this stock?

Select one:

a.27.2

b.26.9

c.23.0

d.25.7

e.25.8