The common stock of Owls Inc. sells for $$14\mathrm{.}50$ a share. The stock pays an annual dividend, which represents a $5\%$ dividend yield. Owls consistently increases their dividend by $5\mathrm{.}5\%$ per year. What is the required rate of return on this stock?

a$)13\mathrm{.}44\%$

b$)19\mathrm{.}44\%$

c$)10\mathrm{.}50\%$

d$)7\mathrm{.}44\%$

e$)24\mathrm{.}58\%$