Using the Gordon Growth Model described in class, answer the following questions. Ensure that your final answer is in currency form $($round your final answer, keeping two decimal places, & remember to use dollar signs and commas correctly$)$

A stock is selling for $$200$ and will issue a $$2\mathrm{.}00$ dividend. Dividend payments are expected to grow at a constant rate of $5\%.$ What is the expected rate of return?