The next dividend payment by Savitz, Incorporated, will be $$3\mathrm{.}15$ per share. The dividends are anticipated to maintain a growth rate of $3$ percent forever.

If the stock currently sells for $$50$ per share, what is the required return?

Multiple Choice

$6\mathrm{.}30\%$

$911\%$

$930\%$

$8\mathrm{.}84\%$

$3\mathrm{.}00\%$