The current dividend yield on Stark Industry's common stock is $3\mathrm{.}5$ percent. The company paid a $$1\mathrm{.}50$ annual dividend this year and is expected to pay $$1\mathrm{.}62$ next yearAnalysts believe that the dividend growth rate is expected to remain constant at the current level. Calculate the required rate of return on this stock? FORMAT TO FOUR DECIMAL PLACES