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You've collected the following information from your favorite financial website. 52-Week Price LO 77.40 55.81 130.93 50.30 35.00 10.43 33.42 69.50 14.01 20.74 Stock (Div)

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You've collected the following information from your favorite financial website. 52-Week Price LO 77.40 55.81 130.93 50.30 35.00 10.43 33.42 69.50 14.01 20.74 Stock (Div) Palm Coal 36 Lake Lead Grp 1.54 SIR 2.00 DR Dime.86 Candy Galore 32 Div Yld % 2.6 3.8 2.2 5.6 1.5 PE Ratio 6 10 10 6 Close Price 13.90 40.43 88.97 15.49 ?? Net Chg - 24 -.01 3.07 - 26 .18 28 According to your research, the growth rate in dividends for DR Dime for the previous 10 years has been negative 12 percent. If investors feel this growth rate will continue, what is the required return for DR Dime stock? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) % Required return

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