The next dividend payment coming from XYZ Corporation $=$$$2\mathrm{.}20$ per share. The dividends expect to maintain a growth rate of $4\mathrm{.}5\%$ in perpetuity. If the stock currently sells for $$35\mathrm{.}20$ a share, compute the required rate of return. $($hint: use the constant growth model$)$

$12\mathrm{.}50\%$

$4\mathrm{.}50\%$

$6\mathrm{.}25\%$

$10\mathrm{.}75\%$