Use the dividend growth model to determine the required rate of return for equity. Your firm has just paid a dividend

of $1.50 per share, has a recent price of $31.82 per share, and anticipates a growth rate in dividends of 4.00% per year for

the foreseeable future.

A)9.09%

B) 8.90%

C) 8.71%

D) There is not enough information to answer this question.