The common stock of PayAsYouGo, Inc. sells for $83.06 a share. The stock is expected to pay $3.65 per share next year when the annual dividend is distributed. The company increases its dividends by 1.56 percent annually. What is the market rate of return on this stock?

(Enter your answer in DECIMAL (not in percent). For example, if the result of your calculation is 1.23%, enter 0.0123) (Round your answer to the nearest thousands (upto three decimal places). i.e. if your answer is 1234.56789, enter 1234.568)