The next dividend payment by Im$,$ Incorporated, will be $$2\mathrm{.}55$ per share. The dividends are anticipated to maintain a growth rate of $6\mathrm{.}00$ percent forever. If the stock currently sells for $$48\mathrm{.}70$ per share, what is the required return? Note: Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$