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The common stock of Eddie's Engines, Incorporated, sells for $ 3 6 . 8 3 a share. The stock is expected to pay a dividend

The common stock of Eddie's Engines, Incorporated, sells for $36.83 a share. The stock is expected to pay a dividend of $2.80 per share next year. Eddie's has established a pattern of increasing their dividends by 4.9 percent annually and expects to continue doing so. What is the market rate of return on this stock?
7.60%
12.50%
16.10%
13.15%
5.95%
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