You are considering investing in the following stock. The company just paid an annual dividend of $1.70 a share next year. The expected growth rate on the future dividends is 6% annually. The current stock price of this stock is $68.10 per share. What is the market rate of return?

( format and round your answer to percent with two decimals, if your answer is 0.12345, you need to multiply 100==> 12.345, then round to two decimals, the correct answer is 12.35)