The common stock of LeBron's Lightbulbs, Inc. sells for $45.68 a share. The stock is expected to pay a $4.10 dividend per share next year. LeBron's has established a pattern of increasing their dividends by 6.2 percent annually and expects to continue doing so. What is the market rate of return on this stock? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g. 32.16.) Numeric Response